3 High-Yield Tech Stocks to Buy in July
With the Fourth of July in the rearview mirror, it's a perfect time to start scanning this bear market for quality stocks trading at discounts. Dividend investors in particular benefit from lower prices because they receive more passive income for their money when shares are cheap.
Here are three mature blue-chip technology stocks that pay juicy dividend yields worthy of an income-focused portfolio. The best part? They are bargains hiding in plain sight.
Verizon Communications (NYSE: VZ) is a telecommunications company that owns the second-largest wireless network in the United States. Strides in technology have ensured that people use wireless networks and smartphones every day, and these days telecom companies behave more like utilities; they also face limited competition because of the massive investments needed to build and maintain network towers. Verizon pulls in more than $134 billion in annual revenue and turns about 27% of that into cash operating profits.
Source Fool.com
