Got $3,000 to Invest? These 3 Tech Dividend Stocks Could Make You a Fortune
When it comes to high-yield dividends, technology often isn't the first place to look. But if a combination of growth, modest dividend income, and higher future dividend payout potential is what you're after, you've come to the right place. In fact, this combination of growth and income can be the source of some serious wealth creation over the long term.
Three tech dividend stocks that Fool.com contributors think are worthy of $1,000 investment each are Skyworks Solutions (NASDAQ: SWKS), Broadcom (NASDAQ: AVGO), and Lam Research (NASDAQ: LRCX).
Nicholas Rossolillo (Skyworks Solutions): Currently yielding 1.4%, connectivity chip designer Skyworks Solutions isn't going to show up on many dividend investors' radars. But this company has steadily increased its payout each year since it initiated its dividend back in 2014, including a 14% increase just announced in July. And thanks to its high profit margins, this semiconductor firm was able to maintain its share repurchase program amid the economic lockdown over the spring.
Source Fool.com
