Enterprise Tech ... A $100,000 stake in Southern would have paid $6,500 every year in dividends. Palo Alto has a market cap of $20.6B and trades at a Price/Sales ratio of 7.75 and Price/Book ratio of 19.93. You get the explosive growth potential of tech stocks with the added income of a dividend stock. devices. While income investors may feel left out of the technology explosion, that doesn't have to be the case. Moreover, the bottom line is this: one more data breach or hack of large enough proportions could generate investor interest afresh in these stocks and push them into a new bull orbit beyond their recent highs. 7 F-Rated Dividend Stocks to Avoid. Published on May 27th, 2019 by Harvi Sadhra. The stock is currently off its recent 52-week high of $260.63, but is likely still within an uptrend. Symantec's forward dividend yield of 0.9% is paltry compared to Cisco or ManTech's yields. Returns as of 12/08/2020. This is a guest contribution by Harvi Sadhra of Hashtag Investing. According to projections by Gartner, cyber spending was more than US$123 billion for 2018 and will grow by 8.6% percent per year to nearly US$170.5 billion by 2022. In fact, I'm going to show you two of the best tech stocks with high dividends right now. The stock faces strong resistance in the range of $125-$126. Quick Search. Its Price/Sales ratio is 8.03 while its Price/Book ratio is 16.32. SG Stock Group. In 2016 Tenable acquired FlawCheck, which provided continuous scanning for Docker containers, an innovative way to protect code by isolating it within a computer, so it can’t be used for anything but its intended purpose. Symantec's reputation and scale also arguably give it an edge against smaller stand-alone cybersecurity companies that protect just a few of those platforms. A comparison of QLYS’s profitability versus sector norms show that it outperforms on every count except asset turnover ratio. The stock has been on an uptrend since May 2016 and is trading off its 52-week high of $54.57. ... tracks approximately 250,000 ratings each year and tracks more than 15,000 securities around the globe that pay dividends each month or quarter. In October 2018 Checkpoint acquired Israeli cyber-security company Dome9. Hashtag investing is an exclusive community for active investors to get real-time feedback and discover compelling stocks and strategies any time. According to one estimate, Facebook could be fined as much as $1.63 billion. The company made two acquisitions in 2018 and another in 2019. Investing in them is risky if you’ve got bills to pay and a family to support. The iShares Cybersecurity and Tech ETF (NYSE: IHAK) provides exposure to global businesses in the cybersecurity sector. However, security budgets are likely to continue to be boosted globally as businesses grapple with the increased sophistication and scale of cyber-attacks. Yet there are still a handful of stocks that offer exposure to the rapidly growing cybersecurity sector with stable profitability, Cisco is generally known as one of the world's largest networking hardware companies rather than a cybersecurity one. Checkpoint is a provider of cyber security solutions to over 100,000 organizations of all sizes worldwide including corporate enterprises and governments. Its products include email protection, advanced threat protection, security awareness training, cloud app security and Nexus platform. Thanks for reading this article. Individual cybersecurity stocks, in particular, are benefiting from the stay-at-home environment as companies look to boost their protection. Yet there are still a handful of stocks that offer exposure to the rapidly growing cybersecurity sector with stable profitability and dividends. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. That percentage might seem low, but Cisco's ability to bundle security products into its hardware and other software products widens its moat against rivals in both the networking hardware and security markets. However, in terms of profitability it is a sector underperformer. Proofpoint is a security and compliance company that provides cloud-based solutions to protect the way people work today. Symantec's most well-known product is Norton Antivirus, but antivirus sales have fallen over the past few years due to the rise of free alternatives and tougher attacks that circumvent traditional antivirus platforms. The acquired businesses were Komand (2017), tCell (2018) and NetFort (April 2019). Next on my list of cybersecurity stocks is Zscaler, a company that reminds me a lot of CrowdStrike. Copyright, Trademark and Patent Information. Its smaller Commercial Services unit partners with other tech companies to serve enterprise customers. Digital crooks are constantly upping their game, and there has been a surge in cyber-attacks that are more sophisticated and stealthy, and have bigger damage payloads. Zscaler describes itself as the world’s largest security platform built for the cloud. That percentage might seem low, but Cisco's ability to bundle security products into its hardware and other software products widens its moat against rivals in both the networking hardware and security markets. Since then, the Flying Five strategy typically has beaten the market each year. But if Symantec's inorganic expansion pays off, the company could eventually raise its dividend again over the next few years. For the current year, its non-GAAP revenue and earnings are expected to respectively rise another 24% and 51% -- partly fueled by the LifeLock acquisition, which closed in February. Qualys provides a single cloud platform for IT, security and compliance across all the client’s global IT assets, designed from the ground up for digital transformation. Stocks with high dividend yields are … Stock Advisor launched in February of 2002. Coming Dividends. During the fourth quarter ended March 2019 Mimecast reported EPS of $0.07 which missed by $0.01, and revenue of $92.19 which beat by $0.85M but grew strongly by 25.6% year-on-year. But for investors looking for some balance between the two, companies like Cisco, ManTech, and Symantec deserve a closer look. In February, The Gula Tech Foundation Grant Advisory Board will select the top three cybersecurity nonprofits that are most impactful to the African American community and award grants of … Related: Top 10 Drone Stocks To Watch In 2019. To find good ideas for cybersecurity stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. In fact, I’m going to show you two of the best tech stocks with high dividends right now. For example, analysts at Cowen believe that the share of security budgets dedicated to cloud-based solutions will more than double in the next two years. SHARE. For the current year, its non-GAAP revenue and earnings are expected to respectively rise another 24% and 51% -- partly fueled. Between 2015 and 2018, total revenue at Rapid7 has grown from $110.53M to $244.09M. Top Cybersecurity Stock #10 – Zscaler (ZS), Top Cybersecurity Stock #9 – CyberArk Software (CYBR), Top Cybersecurity Stock #8 – Proofpoint (PFPT), Top Cybersecurity Stock #7 – Qualys (QLYS), Top Cybersecurity Stock #6 – Mimecast Limited (MIME), Top Cybersecurity Stock #5 – Fortinet (FTNT), Top Cybersecurity Stock #4 – Check Point Software Technologies (CHKP), Top Cybersecurity Stock #3 – Rapid7 (RPD), Top Cybersecurity Stock #2 – Tenable Holdings (TENB), Top Cybersecurity Stock #1 – Palo Alto Networks (PANW), The number of internet users grew from 1.2 billion in 2007 to 4.2 billion in 2017, The number of IoT devices is expected to reach 25 billion by 2021, By 2024, 4G networks will cover about 90% of the global population, with 5G networks covering about 40%, Zscaler Internet Access – A solution that connects users to externally managed applications, including software-as-a-service applications and Internet destinations, Zscaler Private Access Solution – Which is designed to provide access to internally managed applications, either hosted internally in data centers, and private or public clouds, Zscaler Platform – A multi-tenant cloud security platform, Industry solutions – healthcare, Federal, banking and insurance. 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