Traditionally, technology companies haven't paid much, if anything, in the way of dividends, preferring instead to reinvest their profits back into their businesses. However, as some of these companies have matured, that strategy has shifted. Our analysts discuss three technology companies that currently sport dividend yields of at least 4% that belong on most investors' watch lists...
HP Inc. (NYSE:HPQ): I think the market may not fully appreciate the talent of HP's new CEO, Dion Weisler. While he was operating in Meg Whitman's shadow prior to the spin off (Whitman chose to remain at the helm of Hewlett-Packard Enterprise), I think there is reason to believe that Weisler is every bit as talented an operator as she is. One high yielding stock that I think is worthy of almost every investor's attention is Verizon Communications (NYSE:VZ), the largest cell phone carrier in the U.S. Garmin Ltd. (NASDAQ:GRMN) is a high-yield tech stock worth following because of its position in wearable technologies, and its attractive (but potentially unsustainable) dividend payout. Garmin's yield sits at a lofty 4.8%.
Source: Motley Fool
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3 Tech Stocks Yielding at Least 4% That You Should Be Following
Posted by D4L | Monday, May 23, 2016 | ArticleLinks | 0 comments »________________________________________________________________
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