The Nasdaq-100 index offers some surprising dividend opportunities, despite being known for high-growth tech stocks. Paccar Inc., a heavy-duty truck manufacturer, provides a solid 4.4% yield backed by substantial free cash flow. “Paccar generates substantial free cash flow, and dividends are an effective way to share this wealth with stockholders,” according to the article.
Microchip Technology Inc., a maker of analog chips and microcontrollers, has a riskier 4.7% yield due to plunging share prices and declining cash flows. However, the company’s tariff mitigation strategy and potential market share gains make it a potentially rewarding investment.
high-yield Nasdaq stocks
Food giant Kraft Heinz Co. tops the list with a 5.4% yield. While it hasn’t increased its dividends since 2020, the company maintains enough cash for strategic moves, such as stock buybacks.
“Instead of increasing dividends, Kraft Heinz opted for a generous stock buyback program,” the article states. Investors should consider their risk tolerance and income needs when choosing among these high-yield Nasdaq-100 dividend stocks. Paccar offers consistency, Microchip Technology provides potential for turnaround, and Kraft Heinz balances stability with modest growth prospects.
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