2 Dividend-Paying Tech Stocks to Buy in February
The allure of investing in tech stocks used to be catching the tail of a rocket and riding it higher while enjoying stock splits along the way. That's not the case anymore.
Until Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA) split their shares to great fanfare in 2020, there weren't many splits occurring in the market. Between 2017 and 2021, only 26 companies on the S&P 500 split their shares compared to over 100 in 1997 alone.
That's partly a result of changes in how stock trading is influenced by programs and algorithms today, but it's also because tech stocks have greatly matured now that their hypergrowth days are behind them. They need a different way to attract investors, and that's where dividends come in.
Source Fool.com
