3 High-Growth Tech Stocks That Also Pay Dividends Now

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Microsoft Corporation Nouvelles

Alphabet Inc Class A,Qualcomm Incorporated,Apple Inc

Stocks Analysis by The Tokenist (Timothy Fries) covering: Microsoft Corporation, Alphabet Inc Class A, Qualcomm Incorporated, Apple Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com

Investors are used to certain types of stocks to yield worthwhile dividends. These are typically real estate investment trusts , banks, payment processors, large utility or consumer staple companies. In contrast, high-growth companies like Amazon experimented with dividends from 1987 to 1995, only to stop until reissuing in 2012. Although AAPL dividend yield is still low at 0.

In the second half of 2024, Qualcomm is set to launch new Snapdragon 8S Gen3 and 7 Plus Gen 3 mobile platforms, harnessing AI power to the flagship smartphone sector. For Q2 2024, the company reported strong earnings. Net income increased 14% year-over-year with notable automotive division revenue growth of 35% to $603 million.

Year-to-date, META stock is up 36%. From its 52-week low of $235.33, its price is now $475.42. Mark Zuckerberg spread his company across multiple pies, effectively dominating the VR/AR sector with Oculus Quest headsets, while Meta’s metaverse division Reality Labs is yet to produce profits. In other words, Meta occupies many attractive niches for investors—blue chip, growth tech, metaverse, and now dividend stock with generous stock buybacks to boot. Nasdaq’s average price target for META is $522.49 vs. the current $475.42 per share.) cornered the market on cloud-based customer relationship management with an estimated 26.47% market share. For comparison, all other CRM platforms have under 6% shares, including Microsoft earnings, showing 11% year-over-year revenue growth to $9.

 

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