10 Tech Dividend Stocks With Growth Potential
Josh Enomoto
InvestorPlace
September 13, 2018
For investors seeking protection, dividend stocks offer significant advantages. Principally, they offer passive income that can either boost overall returns or help mitigate market volatility. Usually though, dividend-paying companies tend to be boring affairs.
On the other hand, you can’t find anyone who isn’t at least somewhat interested in tech stocks. As we move deeper into the internet age, the most exciting opportunities are found in this sector. The best part? Because tech covers a broad range of subcategories, you can find several names that offer passive income.
In this situation, you get the best of both worlds: an investment with significant upside potential, along with the comfort margin of predefined payouts. Here are the top 10 dividend stocks to buy:
[only the NTAP section is being copied/pasted]
Tech Dividend Stocks to Buy: NetApp (NTAP)
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Tech Dividend Stocks to Buy: NetApp (NTAP)
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Dividend Yield: 1.9%
Cloud computing is big business. Therefore, it’s no surprise that cloud data services company NetApp (NASDAQ: NTAP) has done so well in the markets. NTAP stock is up a whopping 55% YTD.
Nevertheless, investors can likely expect more upside in the future. NTAP has demonstrated consistency in its financial performances. The last time the tech company missed its consensus earnings target was in Q4 2016.
Moreover, NetApp has recently demonstrated solid growth. In the last read for Q2, it brought in nearly $1.5 billion, up 11.5% year-over-year. The company is on track for a very strong 2018.
Beyond that, NTAP is one of the tech stocks to buy that also pays out a dividend. With a 1.9% yield, it’s not the most substantial. That said, don’t forget that NTAP is a high-flyer in a massively growing segment.
[snip to end--Logitech is next]
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