Roundtable discussion: Can tech sector become an income play for investors?

Large cash positions supportive

clock • 3 min read
Apple and Microsoft are the only two tech giants that pay dividends

Apple and Microsoft are the only two tech giants that pay dividends

The astonishing growth of technology companies in the past few years could lead to them becoming attractive income generators in a post-Covid environment, multi-asset investors say.

The sector's strength through the Covid-19 pandemic has left many of the world's biggest tech companies with large cash positions that could be put to use through dividend payments, panellists argued at a roundtable entitled 'Dividends versus Coupons' on 21 April  hosted by Investment Week and SPDR ETFs at State Street Global Advisors (SSGA). Other areas of the growing technology infrastructure, such as data centres, could also prove interesting to those seeking income in a low-yield environment. Ben Jones, senior multi-asset strategist in the Macro Strategy team at State Street Globa...

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