Semiconductor chips are a ubiquitous component of our daily lives. They are found in almost every electronic device including smartphones, computers, household appliances and the cars we drive. Our latest Technology Dividend Stocks List pick is a testament to that.
Our pick is one of the largest analog chip makers worldwide – providing products to more than 100,000 customers across 30 countries. These customers are increasingly turning to analog chips to make their products smarter and more efficient. This is driving the strong demand for chips, which ensures our pick’s cash flow visibility and 2.5% yield.
With the company boosting its manufacturing capacity to plug chip shortage, investors can look forward to plenty of growth opportunities, especially from the industrial and automotive segments.
Watch for when the stock goes ex-dividend on Friday, April 22 (estimated date).
You can check out the Best Technology Dividend Stocks List to explore all the stocks.
