Did you notice that the Nasdaq hit 5,000? Congratulations; what a number! The Nasdaq index compromises many growth stocks, more than the Dow Jones does. That's also one of the reasons why the index is well-know for technology and innovation firms. But the technology sector isn't particularly known for finding good dividends. Indeed, many of the most exciting technology stocks don't pay a dividend at all.
Assuming they're profitable (an assumption that doesn't always hold), technology companies often funnel their cash back into their business rather than pay shareholders a dividend. Today I would like to celebrate the 5,000 mark by highlighting some of the highest yielding stocks from the index. Here are my favorites: CA Inc (CA) works within the Business Software & Services industry and has a market capitalization of $14.33 billion. Cisco Systems (NASDAQ:CSCO) works within the Networking & Communication Devices industry and has a market capitalization of $151.40 billion.
Source: Guru Focus
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Fall In Love With These Highest Yielding Dividend Stocks From Nasdaq 100
Posted by D4L | Thursday, March 26, 2015 | ArticleLinks | 0 comments »________________________________________________________________
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