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The biggest story these days has to be the trade war between the United States and China. As the two biggest superpowers grapple with tariffs and the growing war of words, the markets have been in a tizzy. This has affected high-growth sectors, such as technology most of all. Thanks to the sector’s massive gains over the last decade and the reliance on both China and the U.S., tech stocks have sold off hard as the trade war has unfolded.

But not all of tech is suffering under the weight of the trade war. And that includes our most recent Best Dividend Stocks List pick in the sector.

While many semiconductor firms have suffered in the wake of the trade war, our pick has continued to see rising revenues and demand. The key is in its businesses model. Our pick doesn’t actually design computer chips. It does the heavy lifting and simply produces semiconductors for other designers. This niche of being a so-called semiconductor foundry allows it to be a neutral party to the trade war. It can and does make chips for anyone. That’s allowed it to avoid much of the worst effects of the trade skirmish.

See the original article on our pick here.

The best part is our pick continues moving towards higher-margined, high-tech chips. Unlike commoditized-analog chips, growth of these specialized semiconductors is assured no matter what happens in the trade war. For our pick, this could be a long-term trend that leads to plenty of revenues and profits.

And given our pick’s long history of dividends, this could only strengthen its yield and future income potential as well.

All in all, our pick has long been one of the winners in the tech revolution and its wide-moat makes it a top draw in the sector given the recent trade woes.

To summarize, here are five reasons why you should own this stock:

  1. Created the “foundry” business model back in the 1980s and has continued to expand its production facilities for faster and more specialized semiconductors.
  2. As the leader in the foundry space, our pick managed to see nearly $35 billion in revenues last year – a 6.5% year-over-year increase versus 2017’s full-year numbers.
  3. Has been paying cash dividends for nearly 15 consecutive years.
  4. Has increased its dividend for the last four years straight – with its latest increase being well over 10%.
  5. Healthy payout ratio of 46% and a healthy yield of 2.71%.

Our Best Dividend Stocks List has 20 of the highest-rated stocks by our proprietary rating system. Go Premium to find out the entire list.

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