Stocks

Rise of the nerds – tech stock dividends

Technology stocks are the largest dividend payers in the S&P500. Really? Yes. With the significant raise in Cisco’s (CSCO) dividend last week, the technology sector became the largest paying dividend sector, on a percentage basis, of all the S&P500 industry sectors (see this article). Apple’s (AAPL) initiation of a dividend earlier this year didn’t hurt either. Lets dig down a…

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