7 Tech Industry Dividend Stocks for Growth and Income

These dividend stocks offer payouts that compare well to established, non-tech stocks



Equities in the tech sector usually don’t become popular dividend stocks. Even when they finally introduce payouts, it often only happens after years of pressure from shareholders.

These stocks also often retain the interest of shareholders more for their growth potential than the payout. Others such as Google-parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), resist offering a dividend to this day despite having a cash hoard of over $121 billion.

However, we also see indications that this attitude has shifted. Some of the largest names in tech have become every bit as mainstream as 100-plus-year-old firms such as Coca-Cola (NYSE:KO) or Johnson & Johnson (NYSE:JNJ).

As they achieve this place in American business, many have begun to begin paying dividends and building a record of consecutive annual increases.



Over the next few years, many of these companies could gain the “dividend aristocrat” distinction as they meet the 25-year minimum threshold. Investors looking for dividend stocks in the tech sector should consider the following stocks to buy.


Comments

  1. I am new to investing and receiving dividends. I study all possible ways of investing. Thank you for sharing this information and your experience!

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