2 Tech Dividend Stocks to Buy and Hold for a Decade

Investors looking for strong dividend-paying companies often turn to defensive sectors like healthcare or utilities. It's an understandable strategy: Companies in these sectors tend to perform better than most when the economy is in the dumps, allowing them to maintain their payouts even in bad times. Investors should be aware though that plenty of excellent dividend companies exist in other sectors, including the technology sector, which is often the favorite destination of growth-oriented investors.With that as a backdrop, let's look at two tech dividend stocks worth holding onto: Meta Platforms (NASDAQ: META) and eBay (NASDAQ: EBAY). Here's why these two dividend payers are worth buying and holding for the next decade.Meta Platforms, the parent company of Facebook, initiated its dividend payout last year. It now pays a quarterly dividend per share of $0.53, which at the current share price gives it a yield of 0.4%. That's not terribly impressive -- the average yield for companies in the S&P 500 is 1.3%. Still, Meta's dividend program is in its early innings, and considering the company's business strengths, it should reward its shareholders with growing payouts for years to come.Continue reading

Apr 8, 2025 - 10:27

2 Tech Dividend Stocks to Buy and Hold for a Decade

Investors looking for strong dividend-paying companies often turn to defensive sectors like healthcare or utilities. It's an understandable strategy: Companies in these sectors tend to perform better than most when the economy is in the dumps, allowing them to maintain their payouts even in bad times. Investors should be aware though that plenty of excellent dividend companies exist in other sectors, including the technology sector, which is often the favorite destination of growth-oriented investors.

With that as a backdrop, let's look at two tech dividend stocks worth holding onto: Meta Platforms (NASDAQ: META) and eBay (NASDAQ: EBAY). Here's why these two dividend payers are worth buying and holding for the next decade.

Meta Platforms, the parent company of Facebook, initiated its dividend payout last year. It now pays a quarterly dividend per share of $0.53, which at the current share price gives it a yield of 0.4%. That's not terribly impressive -- the average yield for companies in the S&P 500 is 1.3%. Still, Meta's dividend program is in its early innings, and considering the company's business strengths, it should reward its shareholders with growing payouts for years to come.