Investors always like stocks that pay large dividends. Yet for years, those who focused on the tech-heavy Nasdaq 100 Index didn't expect much in the way of dividends, since many high-growth companies didn't pay any dividends at all to their shareholders. Now, even tech companies have gotten on the dividend bandwagon, and you'll find some impressive yields among the Nasdaq's top 100 stocks. Let's take a look at three high-yielding stocks to see if they can live up to their reputation.
When you only consider regular quarterly dividend payments, toymaker Mattel (NASDAQ:MAT) tops the list of Nasdaq 100 dividend stocks, with a current yield of 6.7%. Indeed, the company has done a good job of growing its dividend over time, multiplying its payout nearly tenfold since 2003. Also paying a good yield is Garmin (NASDAQ:GRMN), a pioneer in the GPS navigation field. Garmin yields more than 5.5%, and the company just raised its dividend back in June with about a 6% increase. Perhaps the best prospects of the three top-yielding stocks in the Nasdaq 100 belong to U.K.-based telecom giant Vodafone Group (NASDAQ: VOD).
Source: Motley Fool
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