3 Dividend-Paying Tech Stocks to Buy Right Now
Successful technology companies are often very profitable and generate a lot of free cash flow. This can make them excellent dividend payers, able to consistently raise the dividends they pay to shareholders. The following three stocks are industry leaders, steadily growing, and have excellent financials that equip them to continue shoveling cash to investors.
Microsoft (NASDAQ: MSFT) is a name that virtually everyone has heard of. It's a leading technology conglomerate, and one of the largest companies in the world, with a market cap of $2.2 trillion. Microsoft owns a collection of businesses, ranging from enterprise software to cloud infrastructure to consumer electronics and more.
Microsoft isn't thought of as a "dividend stock," especially since its yield is just 0.8%. But the company has a sneaky 19-year streak of increasing its dividend payout. The dividend has grown at an average rate of 9.5% per year over the past five years, so investors can benefit from its long-term growth, even if the starting yield isn't very high.
Source Fool.com
