The Best Tech Dividend Stocks | A Top 4 List

Tech dividend stock is an oxymoron. That's because any tech company that's experiencing strong growth ought to be ploughing profits back into the company instead of paying dividends. Still, there's a handful of tech dividend stocks that have managed to achieve the holy grail of dividend stocks - dividend champion status, which means they've managed to increase their dividend for at least 25 consecutive years. We identified ad ranked four technology stocks that have managed this feat and ranked them according to seven factors such as yield, dividend growth, size, and number of years increasing dividends. If you're looking for top dividend tech stocks - and we don't know why you would be - then this is the video to watch. Fair disclosure: we're invested in two of these tech dividend stocks. Which ones do you say? Well little Johnny, you'll just have to watch the video.
RESEARCH PIECES USED IN THIS VIDEO:
1. IBM Stock Review | Finally a Turnaround
• IBM Stock Review | Fin...
2. Making IBM Great Again With Artificial Intelligence
www.nanalyze.c...
3. IBM and Red Hat - WTF is a Hybrid Cloud?
www.nanalyze.c...
4. About the IBM Blockchain Technology Platform
www.nanalyze.c...
5. What Do IBM Mainframe Computers Look Like Today?
www.nanalyze.c...
CHAPTERS:
Intro
Why tech dividend stocks?
Why tech stocks shouldn't pay dividends
The best dividend tech stocks
Four tech dividend stocks to choose from
Roper Technologies - a unique dividend stock
Two tech dividend stocks we own
Conclusion
ABOUT US:
This video is brought to you by Nanalyze, a media and research firm founded by finance professionals with decades of experience. We share insights about #DisruptiveTechnology #stocks in a language that is future-proof and easy to understand.
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DISCLAIMER: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, along with independently researching and verifying, any information contained within our KZbin videos or on our website, whether for the purpose of making an investment or otherwise.
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#techstocks

[@Nanalyze]

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[@Kassaflyt]

This video led me to the S&P Technology Dividend Aristocrats ETF (TDV), which have 16% annualized return since inception (2020) beating the S&P 500 (SPY). Short timeframe obviously, but still interesting!

[@Nanalyze]

Interesting, thank you for raising! We touched on this topic in our recent video on aristocrats explained (kzbin.info/www/bejne/kH7OXouieMeKes0). What they did there is lower the bar ALOT to get enough stocks for a universe - "consistently increasing dividends every year for at least seven years." Seven is a far cry from 25. What might be interesting is to see what up-and-coming champions there are - perhaps 20 consecutive years and higher.

[@Kassaflyt]

@@Nanalyze For sure! I'm aware, maybe a bit misleading name as the associations for a dividend aristocrat is the 25-year increase requirement. Naming it "S&P Technology Dividend Growth ETF" would probably be more correct, but guess there are no copyrights. The universe is simply too small as you point out, looking at the list of actual dividend aristocrats only one is officially in the technology sector.

[@Nanalyze]

ADP, IBM and ROP are all tech aristocrats from where we're looking - list of constituents from NOBL ETF - unless they aren't all being classified as tech?

[@kyleheller2924]

Love your content but I’m stunned you didn’t include intuit in the list.

[@Nanalyze]

We have that effect on people ;) Has Intuit not just paid, but increased, their dividend for at least 25 years in a row? That's the cost of entry to this club. Glad you're loving our content!

[@kadeclevinger]

Should you separate your growth and dividend stocks? I have my growth account with fidelity looking to get into dividend growth. Also is it smart to use two separate brokerages or should I just start a new fidelity portfolio?

[@Nanalyze]

Whatever suits you best. We use Excel spreadsheets to track everything across multiple brokerage firms.

[@BoundMusic]

hey dude i'd love to hear your oppinion on Palantir and AMD

[@Nanalyze]

Ask and ye shall receive. AMD here: kzbin.info/www/bejne/iXiypqCZmbWngtk PLTR here: www.nanalyze.com/2024/03/palantir-stock-pumped-ai-hype/

[@BoundMusic]

@@Nanalyze you’re the best thank you so much!

[@mustbeyalla]

According to S&P and MSCI the sector classification of ADP got changed from Information Technology to Industrials. So what do you do know? What's the impact on your portfolio? Best regards :)

[@Nanalyze]

Good question. We did note that change and it wouldn't impact anything.

[@Petch1]

Roper sounds interesting enough, but why wait for a decent yield when you don't have to?...stock price appreciation? - Where i was looking, it's yield is .6%, forecast to be .7% in three years time. Granted, that is a forecast and probably wrong. I don't have any tech companies in my dividend portfolio, as the options in this sector are poor...but i am considering IBM...the only other companies that came up as possibilities under a reduced criteria was Qualcom and HP.

[@Nanalyze]

You raise a good question. Why wait for a decent yield? Yes, that growth should translate to stock price appreciation if they can manage it into the future as they have been. You are spot on that the options are poor for technology because of that whole "tech dividend stock" oxymoron thing we mention. No need to force feed it, though we did because we have a portfolio of 30 and wanted industry diversification. Yep, you could reduce "# of consecutive years" and increase your options. Good comment, thank you!

[@unktzor]

Tnx!

[@Nanalyze]

Most welcome!

[@GM4ThePeople]

"Ginni Rometty" is an anagram for "Minority Gent", or alternatively, "Yin Tit Monger". Canucktech dividend fanciers might take a look at Open Text, but I dunno. (shrugs)

[@Nanalyze]

Another anagram for Mizz Rometty is "minty negrito" and you can bet she's sipping on a few of those after that windfall she realized from not growing the company. After work today we'll crack open a couple Labatt Blues and take a look at Open Text.

[@GM4ThePeople]

@@Nanalyze ;D Hail winning! (raises l'il minty n in salute to GR & all other low-talking corpochadlette looters)

[@thecamo1226]

love George Carlin

[@Nanalyze]

The guy is an absolute legend