3 Dividend-Paying Tech Stocks to Buy in August
This year has been historic for the stock market. The coronavirus pandemic has wrought drastic changes in consumer behavior that will likely continue long after it's a distant memory. E-commerce has accelerated, streaming video and music are experiencing increased adoption, and video games have seen a resurgence.
It shouldn't be a surprise, then, to learn that while the broader market has languished in 2020, technology stocks have been a hot commodity this year. The S&P 500 (SNPINDEX: ^GSPC) is near breakeven in 2020, but the tech-heavy Nasdaq (NASDAQINDEX: ^IXIC) has crushed the broader market, gaining about 18%.
Those looking to add income to their portfolio don't need to sacrifice gains in order to ensure regular dividend payments, however. Here are three tech companies with a small but growing dividend that more than make up for a lower yield with impressive, market-beating growth.
Source Fool.com