The S&P 500 dropped 19.2% in 2022, its worst performance in any year since it declined 38.4% during the global financial crisis in 2008. The Dow Jones Industrial Average finished 2022 down 8.5% on the year, while the Nasdaq declined 33%.
Speaking of the Nasdaq, tech stocks felt the most pain over any other sector last year, as investor favorites like Apple Inc AAPLand Amazon.com, Inc AMZN fell by as much as 50%.
The positive news, though, for investors licking the wounds from their losses in 2022 is that the probability of stocks falling two years in a row is just 9%.
With that 9% probability in mind, let’s look at some tech names that pay high dividend yields; long-term investors may be interested in these stocks.
As a bonus, we’ll share how much of each stock an investor must own to earn $100 per month in dividends. You may want to sit down for that.
Read also: If You Invested $1,000 In Tesla Stock When Elon Musk And Grimes Split, Here’s How Much You’d Have Now
Company |
Ticker |
% Change 2022 |
Dividend Yield |
How Much You Must Own For $100/mo |
Intl. Business Machines |
IBM |
+5.41% |
4.93% |
$26,666.66 |
Qualcomm Inc |
QCOM |
-39.88% |
2.49% |
$48,000 |
Oracle Corp |
ORCL |
-6.27% |
1.43% |
$85,714 |
Microsoft Corp |
MSFT |
-28.69% |
1.14% |
$109,090 |
Intel Corp |
INTC |
-48.68% |
4.87% |
$25,000 |
Cisco Systems |
CSCO |
-24.82% |
3.11% |
$38,709 |
Apple Inc |
AAPL |
-26.83% |
0.68% |
$200,000 |
Texas Instruments |
TXN |
-12.34% |
2.77% |
$44,444 |
Nvidia Corp |
NVDA |
-50.31% |
0.09% |
$133,333 |
HP Inc |
HPQ |
-28.67% |
3.76% |
$32,342 |
Photo via Shutterstock.