When it comes to finding a reasonable point of entry, there are two main variables I look for when picking dividend-related plays. These two variables are an attractive P/E Ratio (preferably under 15) and a yield at-or-above 2.25%. In keeping within the above mentioned criteria, I wanted to highlight two tech names that offer investors a good point of entry as well as a fairly reasonable stream of secondary income. 

#1 – CA Technologies (CA) – Shares of CA Technologies closed Monday at $25.52, which is the lowest point in which they have closed in over a year. The stock has dropped 22.92% on a year to date basis and I believe the stock is currently oversold given the fact its P/E Ratio (14.84) and Dividend Yield (3.92%) are very attractive from an income perspective. With that said, I also feel the stock offers great value for long-term investors and the company’s recent partnership with VersionOne should help boost earnings over the next 12-18 months.

#2 – International Business Machines (IBM) – Shares of IBM closed Monday at $183.52, which is just about 8.3% off of its 52-week low. The stock, which has dropped just over 1% on a year to date basis, is currently oversold given the fact its P/E Ratio (11.61) and Dividend Yield (2.40%) are very attractive from an income-driven perspective. I also feel the stock offers great value for long-term investor now that its cognitive computing experiment (better known as Watson) is being implemented by a number of major names within the healthcare sector.

Conclusion

For those of you who may be considering a position in either CA or IBM, there’s a very good chance the broader markets will see a positive uptrend over the next few weeks and the window of opportunity to pick up shares at their current levels may be closing at a seemingly rapid pace.