Generating reliable yield in today’s market is quite difficult as the Federal Reserve pushed interest rates to zero in the wake of the coronavirus crisis.
And finding a high growth tech stock that pays any dividend at all is nearly just as difficult.
But the tech stock I’m bringing you today does both…
Not only has it never missed a dividend since its first payment in December 1985, the stock has grown immensely – to the tune of 5,863% over the same timeframe.
Better yet, the company’s dividend has grown even more… 8,471% from $0.0105 to $0.90 today.
Here it is…
Texas Instruments Inc. (NASDAQ: TXN)
While much of the general population knows Texas Instruments for its TI-83 and TI-84 graphing calculators, the Dallas-based tech firm actually generates about 95% of its revenue from semiconductors.
In fact, with $14.4 billion of revenue in fiscal 2019, Texas Instruments is the world's largest maker of analog chips. These are used to process real-world signals such as sound and power.
Texas Instruments also has a leading market share position in digital signal processors. Those processors are used in 5G wireless communications and microcontrollers in a wide variety of electronics applications.
TXN’s 2.7% dividend yield is 4.5x higher than the 0.6% interest rate you could get on the 10-year U.S. Treasury. And it's poised to continue outperforming the S&P 500…
So, buy this 5G dividend tech stock today and tuck it away in your portfolio for the long-term.
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We’ve all heard about investing in 5G.
But while everyone is talking about the fancy new 5G chips or antennas…
Nobody’s talking about the most significant piece of the 5G puzzle…
The web of networking cables crisscrossing the country that will bring information from all over the world right to your fingertips.
This is the backbone of America’s 5G network.
It simply can’t be built without those fiber-optic connections.
And there’s one company that literally owns this entire fiber network.
All of the wireless carriers and pretty much every big name in communication already have contracts in place with this company.
In fact, the ONLY cities in the entire country with 5G coverage are located right on this company’s fiber network.
Even the U.S. government is paying to get its secured communications on this critical piece of infrastructure.
Quite simply: This company owns more fiber networks than anyone else in America.
It is the critical piece for winning the race to deploy 5G.
And best of all, this company’s stock is trading around $10 a share.
But according to my research, you could be sitting on more than 600% profits after all’s said and done.
This company is leading the charge to 5G and could make early investors filthy rich.