3 Dividend-Paying Tech Stocks to Buy in April
Because of the measures being taken to fight against the spread of the coronavirus pandemic, more than 10 million Americans have applied for their initial unemployment benefits in the past two weeks.
Given this uncertain economic environment, more investors are turning to dividend-paying stocks to help secure a regular income from their investments. But with billions of people around the world staying home to slow or stop the spread of the virus, many companies that would have been considered safe dividend-yielding investments have had to reduce their operations. This has led several of those companies to cut or even suspend their dividend payouts for the time being.
No industry has been fully immune to these coronavirus-induced challenges, but the current situation also involves a significant increase in demand for some technologies and services, such as video communications and cloud computing, which bodes well for the companies that offer these services.
Source Fool.com
