For cloud computing and the modern world to work, data has to get from here to there. And while wireless adoption has risen, there still is a vital linkage that needs to be made from server computers to the various routers/switches. That’s where our latest pick in the Best Technology Dividend Stocks List pick comes in.
Our pick is a glass specialist and is one of the largest markers of fiber optic cable in the world. Thanks to the build-outs in 5G and data centers, our pick has continued to see its fiber optics business surge in recent quarters. This has strengthened its cash flows and helped it produce record results. Additional growth continues to come from its specialized glass used in various electronic devices.
With over a decade’s worth of dividend increases and plenty of pent-up demand, our pick is poised to win big as we continue to go digital. Watch for when the stock goes ex-dividend on Thursday, June 16 (estimated date).
To make room for this glass specialist, we had to remove a leading computer hardware provider from our list this week.
You can check out the Best Technology Dividend Stocks List to explore all the stocks.
