Rimage is Among the Companies in the Computer Storage & Peripherals Industry With the Highest Dividend Yield (RIMG, STX, LXK)

Published on Tue, 01/24/2012 - 11:03
By Robert Cotter in Fast Lane, LXK, RIMG, STX, highest dividend yield, lexmark international, nasdaq:rimg, nasdaq:stx, nyse:lxk, rimage, seagate technology

Below are the three companies in the Computer Storage & Peripherals industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.

Rimage (NASDAQ:RIMG) is highest with a dividend yield of 6.1%. Rimage Corporation designs, manufactures, and markets CD recordable (CD-R) and computer diskette duplication and production equipment. The Company provides high volume data duplication services on tape, diskette, CD-R, and CD-ROM. Rimage markets its products under The Perfect Image brand name.

In the past 52 weeks, shares of Rimage have traded between a low of $10.30 and a high of $16.44 and are now at $11.98, which is 16% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.7%.

Seagate Technology (NASDAQ:STX) is next with a dividend yield of 4.6%.

Finishing up the top three is Lexmark International (NYSE:LXK), with a dividend yield of 3.1%.

By Robert Cotter
rcotter@fnno.com

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