Two Tech Titans to Buy in October Just Raised Their Dividends
Looking for safe dividend stocks in tech? They aren't easy to find these days. The market sits at all-time highs, and many well-known tech giants, such as IBM (NYSE: IBM) and Cisco (NASDAQ: CSCO), are struggling to fend off competition. Moreover, the tech sector, in general, is prone to rapid change and disruption.
That being said, two tech stalwarts -- Microsoft (NASDAQ: MSFT), and Texas Instruments (NASDAQ: TXN) -- both just raised their dividends, and each is posting excellent operating results.
Microsoft increased its dividend by 7.6% from $1.56 to $1.64 per share, for a forward yield of 2.25%, while Texas Instruments upped the ante, hiking its dividend a whopping 24% from $1.88 to $2.48, for a forward yield of 2.8%. Here's what's behind all that cash-money and why these two companies are strong contenders for any dividend growth investor's portfolio.
Source: Fool.com
International Business Machines Corp Stock
We see a rather positive sentiment for International Business Machines Corp with 12 Buy predictions and 1 Sell predictions.
With a target price of 169 € there is a slightly positive potential of 9.78% for International Business Machines Corp compared to the current price of 153.94 €.
