Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)
Twitter
Tags: Stocks
Stocks: AAPL, MCHP, MSFT, XOM

3 Dividend Stocks in Tech to Watch Now

By Jack Delaney, Sr. Cannabis Editor, Money Morning • May 31, 2017

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Most tech companies don't pay a dividend. Instead, they reinvest revenue to enhance products and expand services, or to boost research and development.

However, finding the best tech dividend stocks can be one of the greatest ways to create wealth in the markets. These stocks combine a skyrocketing stock price with strong quarterly dividend payouts.

dividend stocksOver the last 12 months, the Dow Jones Industrial Average has climbed just 18.02%. Meanwhile, the first stock on our list has climbed 53.18% and has a quarterly dividend yield of 1.65%.

The second stock on our list has climbed 32.17% and has a quarterly dividend of 2.23%. And the third stock on our list has climbed 60.93% and has a yield of 1.74%.

That's why we're sharing these three tech stocks that pay a dividend with Money Morning Members right now. These stocks are all far outpacing the broader markets and offer steady dividend payments.

And the first dividend stock to watch in 2017 is actually the biggest dividend stock in the world...

Dividend Stocks in Tech to Watch, No. 3: Apple Inc.

This may come as a surprise, but Apple Inc. (Nasdaq: AAPL) now pays the most money in dividends of any stock in the world, according to CNBC.

Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.
On May 2, the tech giant announced it was increasing its dividend by 10.5%.

Video

Here's How DRIPs Work

That means it will pay $13.2 billion annually in dividends, surpassing Exxon Mobil Corp.'s (NYSE: XOM) payout of $12.7 billion annually.

Of course, the first dividend payout was more modest than the current payout of $0.63 per share (1.65% yield). Apple first paid a dividend of $0.06 on June 15, 1987, when the APPL stock price traded at $1.41 per share.

From today's opening price of $153.97, AAPL stock has increased 10,819%.

If you had made a $10,000 investment in AAPL on May 30, 1997, that initial investment would now be worth a small fortune, especially if you used a dividend reinvestment program (DRIP).

As of May 30, 2017, that $10,000 stake in 1997 is now worth $2.8 million.

Dividend Stocks in Tech to Watch, No. 2: Microsoft Corp.

Microsoft Corp. (Nasdaq: MSFT) is known for its Microsoft Office software suite and Xbox video game system.

Now it's a leader in both cloud computing, with its Azure network service, and virtual reality/augmented reality, with its HoloLens headset. And even as it has grown and expanded with high-tech products, Microsoft has been rewarding shareholders with a dividend.

It first paid a dividend of $0.08 on Sept. 14, 2004. At the time, the MSFT stock price traded for $27.37 per share.

Today, MSFT pays a dividend of $0.39 per share (2.23% yield), and the stock trades for $70.53 per share. That's a dividend payout increase of 387.5% and a stock price climb of 157.69%.

Don't Miss: Trump's Secret Weapon Set to Foil China's Master Plan

Through a DRIP, a $10,000 investment on Jan. 2, 2004, would now be worth $37,702.85. That's a total return of 277.02%.

And Money Morning believes Apple and Microsoft will continue to provide shareholders with long-term wealth.

And the stock price of the next dividend tech stock on our list could climb over 20% in the next 12 months...

When you combine that with a quarterly dividend, it will easily outperform the market...

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments


Latest News

June 3, 2023 • By Garrett Baldwin

Postcards - Do This Whenever You See Buffett Buy OXY

June 2, 2023 • By Nick Black

Market Roundup: Digital Assets to Watch for the Weekend of June 2

June 2, 2023 • By Shah Gilani

earnings
How to Profit on a "Bankruptcy Wave" Hitting Markets Hard
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz