Although tech stocks aren’t known for their dividends, the sector features several blue chips that have been known to provide growth and reliable payouts. Our latest addition to the Best Technology Dividend Stocks List is a household name that has been around for nearly four decades. A 10+ year track record of dividend growth should act as a positive catalyst for inclusion in income portfolios given the company’s competitive standing in the global technology marketplace.
Our latest pick has enjoyed better-than-expected earnings, strong recurring revenue and an enormous backlog of hardware orders. These positive forces have allowed the tech company to issue positive guidance for fiscal 2023 despite a weakening global economy.
To make room for our latest pick, we’ve cut losses and moved on from a fintech company.
You can check out the Best Technology Dividend Stocks List to explore all the stocks.
