Financial and technology companies may not pay the biggest dividends right now, but they have large amounts of cash on their balance sheets. That means they are in a position to pay more money to shareholders.Technology companies in the S&P 500 have $419 billion of cash on their balance sheets, accounting for about 40 percent of all cash held by S&P 500 companies, according to S&P Capital IQ data.
Investors Shift Focus To Growth Stocks
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.