Better Tech Dividend Stock: Oracle vs. HP
Oracle (NYSE: ORCL) and HP (NYSE: HPQ) are both slow-growth tech stalwarts that are usually owned for stability and income. Both companies are firmly profitable, generate plenty of free cash flow, and regularly plow that cash into buybacks and dividends to reward their long-term investors.
Both companies bought back more than a third of their outstanding shares over the past five years, and their stocks are still fundamentally cheap. Oracle trades at just 18 times this year's earnings, while HP has an even lower forward price-to-earnings ratio of eight.
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Source Fool.com
