Technology is one of those sectors with real duality to it. On one side of the coin, it’s the fast-moving startups, which are full of revenue, but have very little profits. The other side, however, has former startups that have become powerhouses in their respective sectors. These firms generate billions in sales, serious profits, and plenty of cash flows.
You can check out the Best Technology Dividend Stocks List to explore all the stocks.
And they pay plenty of dividends as well.
Those rich technology dividends could be getting larger in the new year. Thanks to cost cutting, high margins, and plenty of demand, many larger firms in the sector are sitting on billions in excess cash. In fact, several non-dividend paying tech stocks may finally bite the bullet and begin paying out their excess cash. For income seekers, the sector could offer plenty of dividend growth potential.
