Cloud computing continues to dominate nearly every facet of our lives from work to play. These days, we’re more likely to log onto a server remotely than we are to use fully purchased software. Firms operating in the sector—from implementation to software—have seen their profits surge over the last few years. And that includes our latest pick for the Best Technology Dividend Stocks List!
Our pick has a long history of being at the forefront of technology, creating many of the trends and devices we now see as commonplace. But, truth be told, it has stumbled in recent years.
But that was then and this is now. Thanks to a spinoff, major buyout, and newfound focus on the cloud, our pick has continued to reverse course and dominate the tech sector once again. All of this transformation has been benefiting investors. Our pick pays a very generous 5+% yield and now features rich cash flows.
In the end, the stock has become even better and has built upon its stable and steady ways.
To make room for our new cloud player, we’ve been forced to remove a networking specialist.
You can check out the Best Technology Dividend Stocks List to explore all the stocks.
