Another Artificial Intelligence (AI) Stock Just Hiked Its Dividend, This Time by a Whopping 17%
'Tis the season. The weather gets cooler, kids go back to school, and many technology companies raise their dividends for the year ahead.
While artificial intelligence (AI) technology stocks aren't necessarily known for high dividend payouts, they are known for growth. So if you can find a winning AI name that also pays a dividend, a small payout today could look much, much bigger in five, 10, or 20 or more years.
Two weeks ago, one semiconductor manufacturing company raised its dividend by 15%. But not to be outdone, one of its peers bested it last Tuesday -- by raising its quarterly payout by 17%.
Source Fool.com
