Looking for Dividends? These 3 Tech Stocks Are Great Buys

Looking for investment income? Focusing on yield alone means you’ll miss out on lots of quality companies that pay a smaller dividend, but are still growing and could increase the payout in the future. Looking for companies that check both boxes — dividend payment and growth — can create a powerful compound growth effect over the long term.
Three companies our Fool.com contributors think meet these criteria are Applied Materials (NASDAQ:AMAT), Dolby Laboratories (NYSE:DLB), and Broadcom (NASDAQ:AVGO).

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Don’t pick just one tech theme when you can have many
Nicholas Rossolillo (Applied Materials): As 2020 has unfolded, I keep coming back to Applied Materials, and I see no reason not to again. The company makes equipment for semiconductor and other tech hardware manufacturing, and its engineering research lies at the heart of many important advancements in technology. Whether it’s high-end computing chips for things