Tech Investors: This 9.3% Payout Is Cheap (and Growing Fast)

An unusual trend has hit Silicon Valley that’s running far below the radar: a big shift toward paying dividends. We’re going to take full advantage by grabbing something unheard-of, even for die-hard tech investors: A 9.3% dividend that grows. That’s a real eye-opener for tech, to be sure. Because while more tech stocks are paying dividends these days—even long-time holdouts Meta Platforms (META) and Alphabet (GOOGL) now offer payouts—most of these are still tiny. (Meta and Alphabet both yield just 0.5%). Of course, there are tech-dividend stalwarts that pay at least a bit more and offer long histories of payout growth, too, like Microsoft (MSFT) and Cisco Systems (CSCO) , which yield 0.7% and 3.3%, respectively.… Read more