3 Dividend-Paying Tech Stocks to Buy in August
Most companies in the tech sector don't offer generous dividends. Instead, they prefer to invest their cash profits in other things, such as manufacturing facilities or ambitious research projects.
The average dividend yield among tech stocks with a market cap of at least $200 million is 0.8%. The financial sector's average yield stands at 2.5% today, and the payouts in real estate stocks are a hefty 4%. Many income investors skip the tech-oriented corner of Wall Street, hunting for richer yields in other sectors.
However, there are exceptions to pretty much every rule of thumb. Here, I have tracked down a handful of generous dividend payers with deep roots in the metaphorical (and, in one case, literal) Silicon Valley. These cash-sharing tech titans, as different as a trio can be, all present great income investment opportunities in the summer of 2023, each for its own unique reasons.
Source Fool.com
