Tech stocks are known for high growth potential, high valuation, cyclical business models, and, of course, volatility. These days, the biggest movers are in tech. So, as an income investor, I wouldn’t blame you if you don’t consider them as viable options.
But you’d be surprised at just how many tech stocks pay dividends. Microsoft, Apple, Meta, and Nvidia all pay dividends. Granted, they don’t pay high distributions, and barely any of them reach a 1% yield. But, the pattern is evident: some tech companies are not averse to rewarding their shareholders.
