Microsoft Corporation (MSFT), Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (TSM), Canon Inc. (ADR) (CAJ): 3 Tech Dividend Stocks Set To Rise?

Canon Inc. (ADR) (NYSE:CAJ)’s bigger problem is currency-related. A Japanese company with material manufacturing facilities in its home market, Canon has dealt with two decades of economic malaise and government tinkering. Exchange-rate volatility is the norm, not the exception. With around 80% of its business coming from foreign markets, that makes revenues and earnings a moving target.

However, the stock recently yielded more than 4%. Aggressive investors willing to ride out the volatility should find this an interesting income opportunity. Just keep in mind that Canon Inc. (ADR) (NYSE:CAJ)’s dividend fluctuates from year to year.

Tech Dividends

Only dividend-paying technology companies made it into BlackRock Global Dividend Income Fund. They are, at the very least, worth a quick review. Of the trio, Microsoft is the most conservative option, though Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) has an interesting catalyst for future performance if its expansion efforts are successful.

The article 3 Tech Dividend Stocks Set To Rise? originally appeared on Fool.com and is written by Reuben Brewer.

Reuben is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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