3 Dividend-Paying Tech Stocks to Buy Right Now
Dividend yields go up when stock prices go down -- but only to a certain point. Economic pressures can become heavy enough to force generous dividend payers to cut those payouts and use that cash for other purposes. For this reason, soaring yields often serve as red flags pointing out unsustainable fiscal strategies.
Income investors can't just settle for the highest dividend yield on the market. Those payouts aren't likely to stick around for the long haul, which is where the real wealth-building happens. The COVID-19 crisis has only just begun, and it's more important than ever to choose dividend stocks that will survive this downturn without resorting to dividend cuts.
Here are three stocks from the tech sector that meet both of these strict criteria. If you're looking for a strong and safe dividend stock right now, you should look here first. It's also a great idea to buy more if and when the next big market drop comes along -- they're all built for long-term survival.
Source Fool.com
