Two Dividend-Paying Technology Stocks to Consider Buying Include One Pursuing TikTok

The two dividend-paying technology stocks to consider boosted sales significantly, according to their latest quarterly financial reports, even though the shutdown of many “non-essential” businesses due to the novel coronavirus forced millions of people to stay home. However, these two dividend-paying technology stocks to consider purchasing are well-known, have distinctive capabilities that helped them become industry giants and produce the huge cash flows needed to expand operations as well as sustain dividend payouts to their shareholders.

Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) have the top two market capitalizations among U.S. companies, trade at high price-to-earnings (P/E) ratios and are unquestioned technology leaders. Microsoft, the giant Redmond, Washington, computer software and systems company, reported reduced growth in its most recent quarterly results but its leaders voiced interest on Aug. 2 in buying part of the operations of the video-sharing TikTok app owned by China’s ByteDance Ltd. Microsoft could make an offer to buy all of TikTok’s operations or just those in the United States, Canada, Australia and New Zealand.

Source: Dividend Investor

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