Dividend-paying tech stocks are often considered "old men" in an industry in which investors prefer to chase high P/Es and promises of explosive growth. However, long-term investors know that solid dividend-yielding stocks are valuable during market downturns, since they generate steady income for investors riding out the near-term volatility.
Therefore, let's look at three tech stocks -- Cisco (NASDAQ: CSCO), Seagate Technology (NASDAQ: STX), and Microchip Technology (NASDAQ: MCHP) -- that all offer annual yields exceeding 3%. The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. That’s beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby.
Source: Motley Fool
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