Consulting is a wonderful business in both good and bad times. But providing advice is even better when your major clients are governments around the world or you’re providing security advice. Our latest Technology Dividend Stocks List pick is a testament to that!
Our pick is a giant within the defense industry, providing advice on numerous security measures to governments and businesses across the world. Increasingly, this has been toward cybersecurity measures as well as other digital solutions. As hacking and other cyber-threats increase, so have profits at our pick as entities look to protect themselves. This has helped make it a dividend champion with over a decade’s worth of dividend growth and support for its 2% yield.
With new M&A and analytics businesses adding extra ‘oomph’ to our pick, investors have plenty of opportunity for growth. Watch for when the stock goes ex-dividend on Thursday, May 19 (estimated date).
To make room for this technology pick, we had to remove a communications equipment maker name from our list this week.
You can check out the Best Technology Dividend Stocks List to explore all the stocks.
