These 4 Tech Stocks Won’t Cut Their Dividends
The novel coronavirus (COVID-19) pandemic has forced many companies to scale back their businesses, halt stock buybacks, and suspend dividends to preserve capital. The sudden loss of a dividend can turn a slow-growth stock into dead money, so investors should stick with well-capitalized companies that can maintain their payouts throughout the crisis.
Until this pandemic ends, large-cap tech stocks that pay dividends should fare better than income stocks in the energy, automotive, industrial, and retail sectors. Here are four tech stocks that are still paying safe dividends: IBM (NYSE: IBM), AT&T (NYSE: T), Intel (NASDAQ: INTC), and Apple (NASDAQ: AAPL).
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Source Fool.com
