2 Tech Dividend Stocks That Offer High Yields and Payout Growth
Yes, some tech names offer high, sustainable dividend returns.
Overview
Technology stocks once held a reputation for not paying dividends. In the beginning, these were emerging growth names that felt they could invest their capital more effectively in themselves.
Today, most companies with the highest market caps are tech stocks, which brought a level of maturity that has inclined more of them to pay dividends.
Details
Fortunately, many tech dividend stocks pay well above the S&P 500 (SNPINDEX: ^GSPC) average of 1% and sometimes offer periodic payout hikes. Knowing that, investors might want to take a closer look at these two names.
Source
Originally published at www.fool.com.
Related Articles
- Mark Zuckerberg Just Wrote a 6,500-Word Manifesto on the Future of AI, and Did Not Mention Crypto Once. Here's What He's Missing.
- Nvidia Stock Investors Just Got Good News From SpaceX. Wall Street Says It's Time to Buy.
- Demand for Chips Shows No Signs of Slowing. Is Taiwan Semiconductor Too Expensive Now?
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.