Investors exploring artificial intelligence (AI) stocks may be surprised to find solid dividend payers among their options, with Qualcomm (QCOM), Oracle (ORCL), and Black Hills (BKH) standing out. Qualcomm is making strides in the AI processor market with its Snapdragon mobile processors, which are designed to enhance device capabilities. Despite a slow start in adoption, the market for mobile AI processors is projected to grow over 26% annually through 2034, supporting Qualcomm’s 23-year streak of dividend growth and offering a yield of 2.9%.

Oracle, despite a recent 50% decline from its peak, presents a forward-looking dividend yield of 1.4%. The company’s ambitious $50 billion capital expenditure plan aims to bolster its AI cloud infrastructure, with expectations of revenue growth from $67 billion to $225 billion by fiscal 2030.

Meanwhile, Black Hills, a utility company, offers a compelling yield of nearly 4% and is well-positioned to cater to the growing electricity demands of AI data centers. With a strong regional presence and a merger on the horizon, Black Hills is poised to continue its 56-year dividend growth streak, making it a noteworthy consideration for income-focused investors in the AI sector.

Source: fool.com