3 High-Yield Tech Stocks to Buy in May
If you want to beat the market, you should seriously consider dividend investing. According to research from Hartford Funds, 78% of the S&P 500's total return from 1970 to 2019 can be attributed to reinvested dividends and the magic of compounding.
While the growth-oriented tech sector might not be a familiar place for some dividend investors, many technology stocks break the mold by offering market-beating yields.
Here is a list of three such high-yield tech companies. The first pick, Texas Instruments (NASDAQ: TXN), is a bet on the lucrative computer hardware industry, while the other two, IBM (NYSE: IBM) and Cisco Systems (NASDAQ: CSCO), are investments in the fast-growing IT sector. All three stocks pay dividends above 3% and have increased their payouts for over eight years running.
Source Fool.com
