One of the common historical criticisms of tech stocks is that they by and large do not pay dividends. That has changed dramatically in recent years, as the blue chip tech stocks of the 1980s and 1990s have matured and accumulated more cash than they can effectively reinvest. With numerous tech stocks now offering dividends, it is a relevant consideration as to how to best build a portfolio of dividend-paying tech stocks. This is where the Nasdaq Technology Dividend Index Fund (TDIV) from First Trust comes into play [see How To Pick The Right ETF Every Time].
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First Trust has rolled out the industry’s first ETF focused exclusively on the cloud computing industry, debuting the ISE Cloud Computing Index Fund (SKYY) on Wednesday. The new ETF will seek to replicate a modified equal-dollar weighted index comprised of companies involved in the cloud computing industry, including both “pure play” companies and those with […]
Despite solid earnings reports after the bell last night from IBM and Apple, equity markets struggled in Wednesday trading thanks to weakness from American Express and Goldman Sachs today. However, boosted by IBM, the Dow finished the day lower by just 0.1%, far outpacing the S&P 500 which lost 1%, and the Nasdaq which tumbled […]
U.S. equity markets continued their September surge in Monday trading, as all of the major indexes climbed higher throughout the day. The tech-heavy Nasdaq was the biggest winner, gaining 1.7% on the day, and was followed closely by the broad S&P 500, which surged by 1.5%. The Dow which jumped higher by 1.4%. This boost […]