Motorola Solutions

Motorola Solutions supplies the mission-critical communications, radios, video security and command-center software that police forces, fire departments and public agencies rely on. Since splitting from the consumer handset business, the company has built a resilient franchise around long-term government contracts and recurring software and services revenue that competitors find hard to displace. The dividend has been raised consistently for well over a decade, supported by steady cash generation and a sticky customer base. The headline yield is low because the shares have performed strongly, but the combination of dependable growth, high recurring revenue and disciplined capital returns gives the payout a solid, above-average profile for a technology name.