When it comes to finding growth in your portfolio, the tech sector has been the go-to industry for years now. As technology has intertwined itself more into our daily lives – from work to our homes –- its growth curve has been tremendous. And the long-term picture is even rosier. There’s still plenty of disruption and tech adoption to be had.
At the same time, recent stumbles have some investors questioning tech’s current status as the place to find growth – especially after the sector’s torrid run-up in the last few years.
But don’t be fooled by the hiccups. This isn’t a symptom of a widespread sell-off or abandonment of technology stocks. Tech’s long-term growth is assured. And in that, investors should be buying every share they can get their hands on.
Find the dividend yield of the technology sector on our dedicated page here. You can also get an individual company count and dividend yield of industries within the technology sector.
A Recent Hiccup
Simply put: the returns from the tech sector have been phenomenal over the last few years. Driven by a return to overall GDP growth, the tech sector – with its generally high margins, cash flows and hefty bank balances – have been the place du jour for investors. And with more nations doing better in the economic department, tech has only further surged in 2017.
Just take a look at the following chart from BlackRock.