Dividends4Life: Dividend-Paying Semiconductor Stocks to Buy Amid Computer Chip Shortage

Dividend Growth Stocks News

Dividend-payng semiconductor stocks to buy during a computer chip shortage for electric vehicles (EV), smartphones and other technology products are more plentiful that might be expected. The dividend-paying semiconductor stocks to buy during the current computer chip shortage are part of a cyclical industry that requires investors to buy and sell shares wisely to profit. Amid heavy demand for semiconductors, investors sstill need to be careful to avoid holding those stocks without using stop losses to protect against occasional pullbacks.

BoA Global Research recommended four dividend-paying semiconductor stocks to buy, led by Applied Materials, Inc. (NASDAQ: AMAT), a Santa Clara, California-based provider of materials engineering for computer chips and advanced displays. The three other dividend-paying semiconductor stocks to buy recommended by BoA Global Research are KLA Corp. (NASDAQ:KLAC), a computere chip capital equipment company in Milpitas, California; Lam Research Corporation (NASDAQ:LRCX), a Fremont, California-based provider of wafer fabrication equipment and services to help chipmakers build smaller and faster electronic devices; and Teradyne, Inc. (NASDAQ:TER), a North Reading, Massachusetts-based maker of automatic test equipment. Their respective dividend yields are 0.74% for Applied Materials, 1.09% for KLA Corp., 0.87% for Lam Research and 0.28% for Teradyne.

Source: Dividend Investor

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