3 Tech Giants That Should Consider Paying Dividends
Growth in the technology industry has turned some tech stocks into some of the world's most valuable companies. And reaching such a size gave many of these tech stalwarts enough steady cash flow to finally stop resisting the idea of making dividend payments.
Today, tech dividend stocks like Broadcom and Cisco Systems offer payout yields that far exceed the 1.3% average dividend yield of the S&P 500. While Apple and Microsoft do not match that level, their dividends offer a cash return of 0.6% and 0.8%, respectively.
Such companies stand in contrast to tech giants such as Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Amazon (NASDAQ: AMZN), and Facebook (NASDAQ: FB), which still have declined to offer dividends despite an apparent ability to afford payouts. Let's find out a bit more about these tech companies and their dividend situation.
Source Fool.com
