3 luxury dividend companies that will provide you with a nice passive income

Passive income is attractive to any investor and an ideal choice when they can choose from three different companies that have a diversified portfolio and an interesting dividend. The first is a leader in a growing industry. The second of this selection is focused on technology innovation and the third is generating handsome income from the rise of cloud computing.

3 companies generating handsome passive income.

These fast growing companies could help investors protect their portfolio against rising inflation. To some, it may seem that the technology industry is not generally considered a dividend-seeking industry, let alone a fast-accruing one. However, as many technology companies mature, they are choosing to offer payouts and in a few cases are raising them quickly. Investors looking for dividend stocks should consider the following picks.

1. Broadcom $AVGO

Broadcom Inc. designs, develops, and supplies a variety of semiconductor devices with a focus on complex digital and mixed-signal…