Top 3 IT Dividend Stocks for Passive Income - IT Dividend Stocks for 2020 | Summary and Q&A

TL;DR

Discover the top three dividend stocks in the IT sector that can provide passive income and help achieve financial independence.

Key Insights

• 💁 The video focuses on the top three dividend stocks in the information technology sector.
• 🚠 Corning is expected to benefit from the growth of fiber-optic cables and their various other products.
• ❓ Cisco's networking products contribute to its dividend potential.
• 🐕‍🦺 Sabre Corporation's technology services for travel booking websites make it a steady dividend stock.
• ❓ The IT sector is a promising area for dividend stocks, offering potential passive income.
• 🆘 Dividend stocks have the potential to help investors achieve financial independence.
• 👂 The video is part of a series that will cover dividend stocks from different sectors, ultimately providing a list of 33 companies.

Transcript

hi I'm Jimmy in this video I'm gonna walk through my top three dividend stocks from the information technology sector that could help diversify our investments and give us the passive income that could help each of us get closer to our goal of financial independence now when I was picking these stocks I focused on a few different things first obvio... Read More

Questions & Answers

Q: How did the video creator choose the dividend stocks?

The video creator looked for stocks with steadily increasing dividends, good dividend coverage, and solid business plans for the next few years.

Q: What products does Corning produce that make it a promising dividend stock?

Corning produces fiber-optic cables for 5G technology, gorilla glass for smartphones, LCD screens, kitchenware, and lab products. These products suggest longevity and future growth potential.

Q: What is Cisco known for and how does it contribute to its dividend potential?

Cisco is best known for its networking products, such as routers and servers. The increasing demand for internet connectivity and usage of products like these contribute to Cisco's potential for dividend growth.

Q: How does Sabre Corporation generate revenue and why is it considered a solid dividend stock?

Sabre Corporation provides technology services for hotel, car rental, and airline websites. As online booking continues to grow, Sabre is expected to have steady revenue growth, making it a solid dividend stock.

Summary & Key Takeaways

• The video presents the top three dividend stocks from the IT sector that can diversify investments and generate passive income.

• The stocks chosen have steadily increasing dividends, good dividend coverage, and solid business plans for the future.

• The stocks mentioned include Corning (GLW), Cisco (CSCO), and Sabre Corporation (SABR).