These 3 Tech Stocks Made Double-Digit Dividend Raises This Year
The trio is playing a major role in the AI revolution.
Overview
The tech sector has been feast or famine at various points this year. It's been strongly affected by the irresistible rise of artificial intelligence (AI). This is the big story in the industry for many investors, and companies at the heart of technology have attracted great interest from the market.
Flush with cash, many have opened their wallets for generous dividend raises of at least 10%. Here's a closer look at three such recent lifts from well-known AI chipmakers -- Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Broadcom (NASDAQ: AVGO).
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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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.