3 Dividend-Paying Tech Stocks to Buy in November
Growth-oriented investors often shun dividend-paying tech stocks for a simple reason: Companies that are still expanding rapidly tend to reinvest their cash into their own businesses instead of paying dividends. Tech companies typically only start paying dividends after they run out of ways to expand their business with investments and acquisitions.
Nonetheless, mature, dividend-paying tech stocks can still provide stable returns throughout market downturns as pricier tech stocks plummet. Let's take a look at three dividend-paying stocks that are worth adding to your portfolio this month: Qualcomm (NASDAQ: QCOM), NetApp (NASDAQ: NTAP), and Cisco (NASDAQ: CSCO).
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Source Fool.com