Unsung Tech Hero With 20+ Years of Dividend History Makes It to Our Best Dividend Stocks List
Dividend.com has added an international technology company to the Best Dividend Stocks List and removed a commercial real estate firm from the list.
With the world's economy becoming ever-more connected, some of the best opportunities for investors may lie overseas. And this includes our new pick in the technology sector as an example. By providing the main backbone for every technology sector, our pick has created a profitable niche for itself as a leading producer of semiconductors and various analog chips.
The key lies in our pick's unique business model.
Rather than focus on designing and engineering semiconductors, our pick does the heavy lifting for other firms. It takes their designs and produces them for a hefty fee. That's a lucrative position to be in. As one of the largest pure-play foundries in the world, our pick features hefty margins, cash flows and a long history of both cash and stock dividend payments.
Even better is that our pick has continued to move into even higher-margined production of smaller chipsets such as artificial intelligence, cryptocurrency mining and mobile computing. That should keep the high profits and dividends coming for quite some time.
With that in mind, our technology pick's inclusion on the Best Dividend Stocks List is a culmination of its continued efforts and long dividend history. Five reasons why you should own this stock:
- Invests in new production facilities for faster and more specialized semiconductors across mobile computing, AI and even bitcoin mining.
- With a wide variety of revenue sources and customers, our pick managed to produce more than $32 billion in sales last year alone.
- Our pick's gross profit has been consistently around 50% over the last two years!
- Has been paying both stock and cash dividends every year since it went public back in 1994.
- Low payout ratio of 37.1% and healthy yield of 2.20%.
All data in the table above updated as of 02/20/2018.
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MORE ABOUT THIS STOCK
Trailing 5-Year Dividend Payout History
- Annualized Growth Over The Last 5 Years: 18.3%.
As a dividend investor, you need access to the best and safest stocks on the market. Dividend.com’s DARS ratings have been providing you with reliable and profitable stock analysis since 2008, and this addition is no exception.
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