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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Stocks that offer big dividend yields are often backed by businesses that are going through rough patches and experiencing significant downt...
-
With the calendar turning over to 2019, many of the trends causing the rise in volatility aren’t stopping. To that end, making a calculated ...
-
Many dividend stocks tumbled over the past year, since conservative investors often shift from high-yielding stocks to bonds when interest r...
-
Because we're expected to live longer than those just a generation or two removed from us, we'll need income during our retirement f...
-
This company has become an income machine for investors over the past three decades, thanks in large part to the 132 consecutive dividends i...
-
For the most part, stock market investors love the technology sector. While tech stocks were hit particularly hard during the latest market ...
-
If you want to find good deals this holiday season, forget the department stores. Instead, go to the stock market. Due to the lackluster per...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
Even though GDP is growing nicely, consumer spending is red hot and unemployment is low, the stocks that are outperforming are all ones we’d...
-
The yield is 9.07%, with 1.14X coverage in Q3 '18. EVA has a $7.4B backlog that's contracted through 2025. Management expects EBITDA...
0 comments
Post a Comment
Post a Comment