3 Dividend-Paying Tech Stocks to Buy in July
Although it's usually not discussed as much as stock price growth, dividends can play a huge role in investors' total returns. Paid from a company's cash profits, dividends are a way to reward shareholders for patience and potentially make up for the lack of stock price growth.
Since many tech stocks (especially younger ones) focus on growth, they often reinvest all profits into the business instead of paying a dividend. However, some tech stocks present good growth opportunities while also paying dividends. Here are three examples for your consideration.
Taiwan Semiconductor Manufacturing (NYSE: TSM) (TSMC) is the global leader in chipmaking and has risen to dominance through its ability to make customized microchips that a lot of today's tech products use. From iPhones to Tesla infotainment systems to Nvidia's graphic cards, there's a good chance you own a tech product with a TSMC inside it.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
With 25 Buy predictions and not a single Sell prediction Taiwan Semiconductor Manufacturing Co. Ltd. ADR is an absolute favorite of our community.
As a result the target price of 173 € shows a slightly positive potential of 8.53% compared to the current price of 159.4 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.
