Tech stocks have been a popular choice for investors, with the recent frenzy around artificial intelligence boosting their performance. Many investors also look for dividend-paying stocks to provide a cushion against market declines and generate passive income. Three tech stocks worth considering for their dividends are ASML, Apple, and Broadcom.
Apple has seen a strong recovery in its stock price, with analysts raising their earnings expectations and the company delivering steady quarterly payouts for the past 12 years. ASML has been a strong performer in 2024, with a favorable Zacks Rank and a track record of increasing quarterly payments. Broadcom has also benefitted from the semiconductor boom, posting record revenue and raising its sales outlook for the year.
Investors interested in tech stocks with dividend income should consider these three companies. Zacks Investment Research has top stock-picking strategies that have consistently outperformed the market since 2000. For more information, visit their website.
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https://www.zacks.com/stock/news/2298940/zacks-investment-ideas-feature-highlights-asml-apple-and-broadcom
