3 Dividend-Paying Tech Stocks to Buy in July
Dividend stocks are always welcome as the rock-solid foundation of any long-term investing portfolio. However, exaggerated dividend yields can also serve as red flags for companies with severe financial stability issues. Because of this duality, you should always start your dividend investment moves by ensuring you're only grabbing shares of robust businesses with unshakable long-term prospects. After all, the real wealth-building magic of those payouts only kicks in when you hold the same dividend-paying stock for decades.
So let me show you three dividend payers in the tech sector built for decades of shareholder-friendly success. Both aspiring and experienced income investors should consider picking up some shares of Universal Display (NASDAQ: OLED), Texas Instruments (NASDAQ: TXN), and Applied Materials (NASDAQ: AMAT) these days. Any of these stocks should serve your portfolio well, especially if you reinvest your dividend checks in more of the same stock and leave that setup untouched for many years.
The stocks under our microscope today look very different at first glance.
Source Fool.com
