3 Dividend-Paying Tech Stocks to Buy Right Now
Generally, the emphasis is on growth with tech companies, and therefore, many will reinvest all their profits to fuel that. However, there are some big-name exceptions that have managed to find the balance between prioritizing growth as well as being shareholder-friendly with dividends.
For investors looking to invest in tech companies that offer both growth potential and consistent dividend income, look below.
Taiwan Semiconductor Manufacturing (NYSE: TSM), or TSMC, is the global leader in chip manufacturing, having introduced the foundry model. Instead of making generic chips to sell, TSMC makes specialized chips for specific companies' products. These products include smartphones, car information and entertainment systems, GPUs for data centers, and hundreds more.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
The stock is an absolute favorite of our community with 31 Buy predictions and no Sell predictions.
With a target price of 215 € there is a positive potential of 23.42% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 174.2 €.
