Prediction: This Will Be the First Dividend Champion from the "Magnificent Seven"

Tech giants have a well-earned reputation for paying stingy dividends. Nvidia, despite being the largest company in the world by market capitalization, pays a dividend of just $0.01 per share, amounting to a yield of just 0.02%. Meta Platforms only started paying a dividend two years ago, or a dozen years after shares went public, and now offers a 0.32% yield, while Alphabet's first-ever dividend, announced months after Meta's, now pays $0.26%. Tesla and Amazon shares still pay nothing at all.Income isn't everything, and these stocks may continue to reward shareholders massively in the years ahead, especially considering the historic share repurchase programs that several of them have announced, which are another, and usually more tax-efficient, way to return value to shareholders.Yet since 1960, 85% of the wealth generated by the stock market has come from reinvested dividends and compounding, according to research by Hartford Funds. For long-term investors, the opportunities from serial dividend-growers are too powerful to ignore.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool