Many experts recommend dividend stocks as a replacement for Treasurys, and it’s usually defensive stocks that they recommend, such as consumer-product companies.

But Paul La Monica, CNNMoney’s assistant managing editor, suggests that you have a look at dividend stocks in the technology sector.

The issue came to the fore after Cisco Systems (CSCO) announced Wednesday that it is raising its dividend by 75 percent, producing a yield of 2.9 percent at the stock’s recent price.

Editor's Note: The ‘Unthinkable’ Could Happen — Wall Street Journal. Prepare for Meltdown

That’s more than 1.5 times the 1.82 percent yield on 10-year Treasurys.

And Cisco isn’t the only tech blue chip with a yield well above Treasurys. Intel (INTC) is at 3.4 percent, Microsoft (MSFT) is at 2.6 percent and Texas Instruments (TXN) is at 2.3 percent, according to La Monica.

Even high-flying Apple (AAPL) has a yield of 1.7 percent, and the company should be able to increase the dividend regularly for a long time.

“Who needs to own a boring U.S. Treasury bond when you can buy an exciting tech stock?” La Monica asks.

“At this point, many of these blue-chip tech stocks offer the best of all worlds to investors: growth, income and value.”

As for Cisco, it has the ability to increase its dividend, just like Apple, says Morningstar analyst Grady Burkett.

“There is no question that the firm can fund, and steadily increase, its dividend payment far into the future,” he writes on Morningstar.com.

Editor's Note: The ‘Unthinkable’ Could Happen — Wall Street Journal. Prepare for Meltdown