Technology stocks and dividends go together like ice cream and chopped liver, which is to say they don’t, although there are always exceptions. This is because technology companies generally focus on growth. The saying in the industry is that if they’re paying you to own their stock then they don’t have anything better to do with the money. Growth is expensive, and it pays to invest ahead of it, whether that is in equipment or in people. But, as with haggis ice cream, there are exceptions. Then there are exceptions within the exceptions, technology companies where the yield is truly extraordinary, because valuations have been beaten down. The careful dividend shoppers can find some great deals in this bargain bin...
Tech Stocks With Extraordinary Dividends: One key to successful dividend investing is to look for stocks that have been beaten down by events with heavy short-term repercussions, but with long-term income potential. Traders who seek capital gains will abandon a stock that has just paid a heavy price for an income stream, but dividend investors are looking for income streams that can be made profitable. CenturyLink Inc (NYSE:CTL) is an example of this. If you only keep up with the news occasionally you may be scratching your head saying, Nokia Corp. (ADR) (NYSE:NOK)? Nokia kept the equipment business, which makes things like the base stations phone companies use to move those signals along to their destinations. Seagate Technology Plc (NASDAQ:STX) is one of only two remaining makers of hard disk drives in the market, the other being Western Digital. The company’s market cap is $11.8 billion. The yield on the 63-cent-per-share dividend is a whopping 6.4%.
Source: InvestorPlace
Related Articles:
- 5 Dividend Stocks To Build Your Future Security
- 7 Dividend Stocks With A Low Payout Ratio
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
- Income Annuities vs. Dividend Stocks
- 8 Select High-Yield S&P 500 Dividend Stocks
3 Tech Stocks to Buy for Extraordinary Dividends
Posted by D4L | Wednesday, December 21, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.