Although tech stocks have gotten crushed by the Federal Reserve’s liquidity crunch, the sector is starting to approximate fair market value again. Tech-focused companies that provide products and services to government agencies and Fortune 500 companies are in a prime position to come out of the liquidity crunch on an even footing. Our latest addition to the Best Technology Dividend Stocks List is a globally renowned consulting firm that’s coming off a solid fiscal 2022 and is preparing for a three-year growth sprint.
Our pick isn’t a pure-play technology developer – it’s a management consulting firm that helps companies navigate complex technical changes. Although it doesn’t produce eye-popping dividend yields, it has put together a streak of ten consecutive years of dividend growth. Besides, its attractive valuation and earnings metrics are likely to get the attention of income investors.
To make room for our latest technology management consulting firm, we’ve booked profits and removed a major American technology giant whose upside potential has waned in recent months.
You can check out the Best Technology Dividend Stocks List to explore all the stocks.