2 Dividend-Paying Tech Stocks to Buy and Hold for 10 Years
Which sector is the best to find excellent dividend stocks? That's a tricky question, but the technology sector is usually not the first that comes to investors' minds when considering dividends. However, that doesn't mean it's impossible to find corporations that will appeal to income-seekers among the dozens of technology companies on the market. Here are two that deserve serious consideration for long-term investors: Apple (NASDAQ: AAPL) and eBay (NASDAQ: EBAY).
Apple is an outstanding dividend stock despite its admittedly unimpressive yield of just 0.54%, much lower than the S 500's 1.54%. But that's where the disappointment ends. The tech giant has increased its dividends at a steady rate over the past 10 years, it boasts a highly conservative cash payout ratio that shows it can sustain plenty more increases, and most importantly, the dividend is backed by an incredibly resilient business with plenty of growth prospects.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 77 Buy predictions and 6 Sell predictions.
With a target price of 200 € there is a slightly positive potential of 12.85% for Apple Inc. compared to the current price of 177.22 €.