Brain power equals big bucks. That’s why consulting is a wonderful business for investors to own. Enterprises both big and small often seek advice in good and bad environments for a number of reasons, and thanks to low expenses, margins tend to be enormous for the consultants. Just look at our latest Best Technology Dividend Stocks List pick for the evidence.
Our pick is one of the largest consultants specializing in technology and other high-valued engineered projects. The key for our pick is who its major clients are – government and defense agencies. With the focus now trending towards cybersecurity measures as well as other digital solutions, profits at our pick have continued to surge.
And with the Russian crisis putting the world on high alert for a variety of defense needs, including cyber hackings, our pick has plenty of growth potential as enterprises and governments tap its expertise to prevent future security issues.
For investors, it adds to the firm’s long history of dividend increases and profits. With nearly 10 years’ worth of dividend hikes under its belt already, investors should watch for the stock when it goes ex-dividend next on Tuesday, June 14.
You can check out the Best Technology Dividend Stocks List to explore all the stocks.
