Things You'll Need:
- Computer with online access
- Discount or stock broker account
-
Step 1
Go to a website with searchable stock information, such as the one listed in the Resource section at the end of this article.
-
Step 2
Select the tech category you want in the category drop-down list, such as "Business Software & Services," "Communications Equipment," "Computer Peripherals," "Data Storage Devices," "Diversified Electronics," "Information Technology Services," "Internet Software and Services," "Networking & Communication Devices," "Printed Circuit Boards," "Semiconductors" or "Telecom Services." You may want to search several technology categories.
-
Step 3
Select the "Dividend Yield" percentage that you would like. Click "Find Stocks." If you don’t find enough stocks, try another category or lower the dividend yield percentage.
-
Step 4
Make a list of technology stocks with high dividend yields that best meet your criteria. Research these stocks carefully. Find out how consistently the company has paid dividends, and whether the dividends are increasing or decreasing from year to year.
-
Step 5
Decide how much money you want to invest, and how many technology stocks you want to buy. Buying several stocks can help diversify your portfolio, but it can also cost more in transaction fees. You may want to invest more money in some stocks and less in others, or an equal amount in all the stocks.
-
Step 6
Buy shares of the high dividend tech stocks through an online discount broker or regular stock broker. Decide if you want to automatically reinvest the dividends from the stocks, or transfer them to a money market or similar account. Be sure to consider the tax consequences of reinvesting dividends.
