3 Dividend-Paying Tech Stocks to Buy in March
Companies have choices when it comes to what they do with the profits they generate. They can reinvest the money back into the business to fuel growth, potentially generating a flywheel effect. They can save it for some potential use down the road. Another option is repurchasing shares, which in turn makes each remaining share outstanding worth more. Then there are dividends, where the company pays out these excess earnings to stock owners.
Getting paid to own stock can be a great feeling -- it's like getting paid for doing nothing. Dividends are typically paid by mature businesses that have determined they don't have a viable reinvestment option or have nothing left to devote added resources toward. Finding companies that pay dividends while still having growth prospects is lucrative, and these companies can be used as cornerstones in a portfolio.
Three dividend-paying tech stocks that still show growth potential are Microsoft (NASDAQ: MSFT), Intuit (NASDAQ: INTU), and Accenture (NYSE: ACN). Let's find out a bit more about them and why now is a good time to buy.
Source Fool.com
