Dividends4Life: 4 Tech Stocks That Pay You Big Dividends

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4 Tech Stocks That Pay You Big Dividends

Posted by D4L | Friday, August 10, 2018 | | 0 comments »

Dividend investing is a simple way to accumulate wealth over the long term, especially when investors leverage the power of compounding by reinvesting their dividends. Income investors often focus on high-yielding stocks in the real estate, telecom, and energy sectors -- but there are also plenty of great dividend plays in the tech sector. Let's examine four income-generating tech stocks that belong in your portfolio.

Cisco (NASDAQ:CSCO) is the largest manufacturer of network routers and switches in the world. IBM (NYSE:IBM) is a diversified tech company that offers IT services, business software, mainframes, and cloud services. Qualcomm (NASDAQ:QCOM) is the largest mobile chipmaker in the world. It generates most of its revenue from mobile chipset sales, but it makes most of its profits from licensing its wireless patents. Seagate (NASDAQ:STX) is the world's second largest maker of HDDs (hard disk drives).

Source: Motley Fool

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