Seeking a perfect blend of yield, dividend safety, returns potential, and risk in the Tech sector? Look no further. A blue-chip stock is raising the bar as a new addition to the Best Sector Dividend Stocks model portfolio.
Boasting an impressive 19-year track record of increasing dividends that places it within the top 10% of dividend stocks, this industry behemoth anticipates future hikes too. Its 3-year dividend per share CAGR of 10% ranks in the top 40% of all dividend stocks, testifying to a consistent growth narrative. Additionally, it has a forward yield of 2.7%, more than triple the sector average.
Though the year-to-date return lags the S&P 500, it’s promising a handsome estimated payout of $1.240 per share around July 21.
The robustness of this stock lies not just in its numbers but in the deep-dive stock analysis that follows.
Tune in to explore this large-cap semiconductor stock that’s reshaping portfolio benchmarks.
