FX.co ★ Top 3 promising tech companies

Broadcom Incorporated

One of the dividend leaders is Broadcom Incorporated, the world’s largest chip maker. The company also specializes in the production of components for smartphones, networking equipment components and semiconductors for Wi-Fi equipment, and set-top boxes. Operating in a number of tech areas, Broadcom guarantees investors a reliable source of income. Over the past five years Broadcom's shares gained more than 200%, and the company's dividends tripled. The dividend yield of Broadcom's shares exceeds 3%, having surpassed the average yield of companies included in the S&P 500 index. According to analysts, the company will proceed to pay high dividends to investors in the near future, as there is strong demand for its chips. Notably, the orders for 2021 cover about 90% of production volumes.

Seagate Technology

The second company with reliable dividends is Seagate Technology. Experts recommend drawing attention to its shares.This is the largest hard drive manufacturer and the data centers demand for this equipment is at its peak. Notably, their owners hardly satisfy high demands for storage amid a massive data influx from online services. This helps Seagate Technology make up for a moderate decline in the PC market. In April 2021, the company gave an optimistic outlook for the current quarter. It is driven by growing demand for high-capacity hard drives for cloud services. Seagate Technology's quarterly dividend payout is $0.68 per share with a yield of more than 3%. Analysts note the prospects for raising dividend payments and the company's high growth potential.

Texas Instruments Incorporated

Texas Instruments ranks third among highly profitable tech leaders. It is a reputable company which specializes in production of electronics, in particular chips for a number of industries. The lion's share of sales of this techno-giant is provided by manufacturers of industrial equipment. Texas Instruments chips are used in various equipment, from cars and consumer electronics to space equipment. The company's dividend payout program, which increases every year, is of crucial importance for long-term investors. At the current dividend yield of 2% annually, Texas Instruments pays $1.02 per share every quarter. Over the past five years, annual payout rise was worth 23%. According to analysts' estimates, Texas Instruments has a chance to increase its payouts, and its long-term prospects are encouraging.