3 High-Yield Tech Stocks to Buy in January
If someone's headed closer to retirement, it is probably smart for them to assess their portfolio and switch out some riskier stocks for more durable, dependable companies. One way to do this is by finding some higher-yielding dividend stocks, which I identify as stocks with dividend yields above the market average. Currently, the S&P 500 has a dividend yield of 1.24%, which is near the all-time low looking back to 1900. The bar is not high to become a high-yield stock now, and even companies paying out 2% or more of their market cap as dividends are few and far between these days.
Intel Corporation (NASDAQ: INTC), Texas Instruments (NASDAQ: TXN), and Cisco Systems (NASDAQ: CSCO) are three high-yielding tech stocks investors should consider buying in January. Here's why.
Image source: Getty Images.
Source Fool.com
