3 Dividend-Paying Tech Stocks to Buy in May
Technology stocks get a reputation as high-flying, high-risk bold investments, but that's not always true. Plenty of technology companies with dependable, steady business models pump out cash that gets funneled to shareholders as dividends.
Long-term dividend investors should diversify their portfolios to reflect as many industries as possible, including sprinkling in some tech names. But don't worry if you're not sure where to look. Here are three quality dividend-paying tech stocks trading at attractive valuations today.
People are often a company's greatest asset, but managing employees can be challenging. Automatic Data Processing (NASDAQ: ADP) offers a range of cloud-based solutions for managing human talent. ADP helps companies handle payroll, tax, and benefits -- just about anything involving the people working inside a business.
Source Fool.com
Automatic Data Processing Inc Stock
With 6 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 248 € there is a slightly positive potential of 11.49% for Automatic Data Processing Inc compared to the current price of 222.45 €.
