3 Dividend-Paying Tech Stocks to Buy in January
When many people think of tech companies, they think of growth stocks. It makes sense, considering many of the top growth stocks over the past couple of decades have been tech companies. However, plenty of tech companies can also provide reliable income via dividends.
Many larger tech companies are cash cows, allowing them to reward shareholders aside from just stock price appreciation (which isn't guaranteed). If you're looking for dividend-paying tech stocks, the following three are good options with above-average yields.
International Business Machines (NYSE: IBM), better known as IBM, doesn't get the attention the "Magnificent Seven" stocks do, but it has been a tech titan in its own right for a while. Artificial intelligence (AI) made its way to the mainstream in 2023, but IBM is one of the pioneers of the technology, dating back to the 1950s.
Source Fool.com
International Business Machines Corp Stock
The stock is one of the favorites of our community with 44 Buy predictions and 3 Sell predictions.
With a target price of 271 € there is a positive potential of 33.56% for International Business Machines Corp compared to the current price of 202.9 €.
