2 dividend stocks from a sector that will dominate the market for the next 10 years
The technology sector is commonly associated mainly with growth companies that promise investors appreciation of hundreds and thousands of percent. However, there are also quieter companies in this hot sector that can somehow make investors more excited about the long term.
Not every tech company and stock needs to be focused solely on drastic growth. Some giants have chosen a different path - a quiet and dividend-paying one. Of course, the potential of the entire industry is huge and share price growth can be a nice bonus.
Microsoft $MSFT
Microsoft is one of the largest technology companies in the world and one of the leaders in software, cloud computing and hardware. The company offers a wide range of products, most notably the Windows operating system and the office suite.
As for dividends, Microsoft started paying them in 2004 and has increased them every year since. It currently offers a dividend yield of around 0.77%, which is not much, but it shows that the company sees dividend…
Just like Christopher. In general $MSFT is just tops along with Apple and will be for a long time to come, I don't know what would have to happen for them not to be. 😊
Microsoft is a classic that is not missing from my portfolio, but I'll take a closer look at the other company.