3 High-Yield Tech Stocks to Buy in June
Dividend stocks tend to have stable, cash-generating business models that can hold up well in difficult economic conditions. That's why they are a great way for investors to earn reliable returns. While the innovative technology sector is usually associated with growth stocks, here are three high-yield technology companies to consider buying in June.
My first pick is IBM (NYSE: IBM), a hardware giant that will benefit from its transition to cloud computing. The second two are Verizon Communications (NYSE: VZ) and Cisco Systems (NASDAQ: CSCO), technology blue chips that will benefit from the rollout of 5G networks and the Internet of Things (IoT). All three companies have grown their dividends for an extended period of time and are positioned for future success.
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Source Fool.com
