3 Dividend-Paying Tech Stocks to Buy in March
Tech stocks are not known for their top-notch dividend policies. Many companies in this sector are busy inventing tomorrow's technologies, often prioritizing reinvestment over distributing cash profits through dividends.
Let me paint a picture for you. There are 2,457 stocks trading on American stock exchanges with a market cap of at least $1 billion, according to Finviz. Of them, 1,504, or 61%, offer some sort of dividend payout.
Narrow your view to the tech sector, and you'll find 111 dividend payers out of 373 billion-dollar companies. Only 30% of these companies offer any dividends at all.
Source Fool.com