3 Dividend-Paying Tech Stocks to Buy in May

Dividend investing is a good way to beat the market through the power of compounding. And dividend-paying stocks tend to outperform during recessions due to their resilient, cash-generating business models. That's great news for investors looking to scoop up stocks during the pandemic.

Despite the uncertainty in the market, these three dividend-paying tech stocks are good buys in May. The first pick, Verizon (NYSE: VZ) is a safe, high-yielding bet on the telecommunication sector, while Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) are investments in the fast-growing software and consumer hardware industries. All three companies have grown their payouts for over seven years straight. And they are set to outperform the market because of their compelling long-term growth drivers.

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Source Fool.com