2 Tech Stocks That Raised Their Dividends This Year
Dividends are important for any long-term investor, even those focused on the tech sector. The S 500 index has grown by about 830% over the past 30 years, but total return of the index, which factors in dividends, was nearly double that.
Finding tech stocks that not only pay dividends but are also likely to grow those dividends over time is a great way to invest in technology while still benefiting from regular dividend payments. Two world-class tech stocks to consider that both boosted their dividends this year are Cisco Systems (NASDAQ: CSCO) and Oracle (NYSE: ORCL).
Along with its earnings report in February, enterprise networking hardware giant Cisco declared a quarterly dividend of $0.39 per share, representing a 3% bump.
Source Fool.com
Cisco Systems Inc. Stock
€44.41
-1.050%
We see a rather positive sentiment for Cisco Systems Inc. with 13 Buy predictions and 1 Sell predictions.
With a target price of 53 € there is a slightly positive potential of 19.36% for Cisco Systems Inc. compared to the current price of 44.41 €.
