The technology sector could be a good place to look for yield, thanks to its growing dividends.
, two tech giants who have led the payout trend in the sector, returned a combined $27 billion to its shareholders in 2018 alone.
Historically, technology companies didn't pay dividends because they believed it sent a signal the companies didn't have any exciting new initiatives to reinvest their cash flow in to spur further growth. That singular growth focus made the sector the favorite of investors. Some may look to flee the space as growth slows around the world, but that would be a mistake, some investors say. & Independent Solutions Wealth Management. "There are now a group of tech investors...
The following tech companies were screened by Credit Suisse for their stable and growing dividend. A range of tech hardware, software and semiconductor companies make up the list. Ironically, technology stocks also led the bull market over the past 10 years. However, not all tech names will be good picks during this time of falling rates and volatility.
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