Dividends4Life: 3 High-Yield Tech Stocks to Buy

3 High-Yield Tech Stocks to Buy

Posted by D4L | Tuesday, August 29, 2023 | | 0 comments »

When many investors think about tech stocks, they often think first about high-growth names that come with outsized risk -- not mature, dividend-paying businesses that offer steadier, lower-risk returns. Its far too easy to forget that the tech sector includes some of the juiciest dividend stocks the market has to offer.

These three technology stocks will pay you handsomely to own their shares: With a 3.4% yield backed by a portfolio of nearly 226,000 communications tower sites around the world, American Tower (AMT) is a bastion of strength among dividend-paying tech stocks. Even as the broader markets have rallied, AT&T (T) stock has fallen around 24% year to date in 2023, as of this writing, and even hitting a 31-year low last month. Finally -- and hear me out here -- organic LED (OLED) specialist Universal Display (OLED) isn't exactly a high-yield dividend stock today, with a payout yielding a comparatively modest 0.9% annually right now.

Source: Motley Fool

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