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September 01, 2020 1:29pm
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This Big Tech Dividend Soared 1,700% (It’s Finally on Sale)

Our favorite tech-sector dividend growers are finally on sale—and our time to “lock in” these fast-growing payouts has arrived. Our Tech Buying Opportunity: Fully Booted Up These days, fear surrounds us, and we contrarian income seekers know that times of fear are when we go shopping. That goes double for tech stocks, which tumble when the 10-year rises (and vice versa). Take last year, when the rate on the “long bond” spiked and high-flying techs, shown in purple below by the performance of the benchmark Technology Select Sector SPDR ETF (XLK) hit the deck: 10-Year Tells Us When to Buy—and Sell—Top Tech Divs Sure, the AI hype has fueled a nice rebound this year, but this latest spike in the 10-year has given us a nice—and rare—second chance to buy in, washing out many of our faves.… Read more
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