3 High-Yielding Tech Dividend Stocks Nearing Aristocrat Status
Income investors looking for steady dividend growth often turn to Dividend Aristocrats. Their long track record of annual payout growth attracts stockholders looking for an inflation hedge, and some pay well over the 1.3% average cash return of the S&P 500.
However, some dividend stocks in the tech world offer growing, generous payouts but lack the minimum 25-year threshold needed for Aristocrat status. Given their cash returns and 10 or more years of payout hikes, stocks such as Broadcom (NASDAQ: AVGO), Cisco (NASDAQ: CSCO), and Verizon (NYSE: VZ) also deserve consideration.
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Source Fool.com
