Stocks

2 Tech Dividend Stocks to Buy and Hold Forever: MSFT and AAPL

Published December 1, 2023

The ever-evolving technology sector has produced numerous growth stories, but finding tech stocks that offer both dividend income and the potential for long-term holding is a rarer feat. In the vast landscape of investment opportunities, two tech giants stand out as dividend-paying stocks to buy and hold indefinitely: MSFT and AAPL. Both companies have deeply integrated themselves into the daily lives of millions worldwide with their products and services, making them compelling choices for investors looking for steady returns and the prospect of growth.

The Pillar of Productivity: Microsoft Corporation MSFT

Microsoft Corporation, an American multinational technology behemoth, has established an impressive track record. Best known for its Microsoft Windows operating systems, Microsoft Office suite, and internet browsers such as Internet Explorer and Edge, MSFT has also made significant strides with its hardware offerings, like the Xbox gaming consoles and Microsoft Surface devices. Ranking No. 21 in the 2020 Fortune 500, Microsoft was the world's largest software maker by revenue as of 2016 and is counted among the influential 'Big Five' in the U.S. information technology industry.

The Icon of Innovation: Apple Inc. AAPL

With its status as the world's largest technology company by revenue and the most valuable as of January 2021, Apple Inc. continues to be a dominant force. The maker of the ubiquitous iPhone, AAPL is also recognized for its range of consumer electronics, software, and online services. Beyond smartphones, Apple ranks as the world's fourth-largest PC vendor and smartphone manufacturer, sharing space with Microsoft in the 'Big Five' of America's IT companies. Asserting monumental influence in consumer tech, AAPL's product lineup has become a staple in the day-to-day life of its global user base.

Investment, Technology, Dividends