3 High-Yield Tech Stocks to Buy in September
Great dividend stocks offer more than just generous dividend yields. Income investors should also look for solid business models that can support the dividend checks with strong cash flows. The company's board of directors must have a public commitment to returning cash to shareholders through some combination of dividends and share buybacks. A long history of rising payouts also helps.
You can find fantastic dividend payers in nearly any industry, including in the tech sector. Tech stocks are better known for high-growth opportunities, but mature companies in this sector are often eager to return cash directly to their shareholders. On that note, here are three high-quality tech stocks that combine generous dividend yields with rock-solid business prospects.
Semiconductor designer Broadcom (NASDAQ: AVGO) offers an effective dividend yield of 3.8% at today's prices. That's not a byproduct of plunging share prices, either. Broadcom's stock is up 9% year to date and 22% over the last 52 weeks.
Source Fool.com
