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Ca) is another tech name that caters to enterprise customers. The firm provides management software and integration services for IT departments, with a specialization in mainframes. The firm's quarterly dividend payout weighs in at 25 cents per share, adding up to a 3.36% yield.
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Today, around 60% of CA's sales come from mainframes. That mainframe expertise should continue to serve the firm well, even if the giant machines are less commonplace at most large companies. While mainframes don't have the growth potential that the other side of CA's business enjoys, the clients that have made a huge commitment to mainframe integration aren't likely to change it. CA has also done a good job of positioning itself in line with tech's hottest areas like cloud computing and virtualization. As those technologies continue to grow in popularity in the business world, CA should continue to push its sales numbers higher, particularly with a customer list that already includes 99% of the Fortune 1000.
On the balance sheet side of things, CA is flush with cash. The firm carries more than a billion dollars in net cash, a position that covers nearly ten percent of CA's market capitalization. That liquidity puts the firm in good shape for a dividend hike.