Microsoft, TI, and Broadcom Lead Tech Stocks for Long-Term Growth

Three tech stocks stand out for long-term growth and income potential: Microsoft (MSFT), Texas Instruments (TXN), and Broadcom (AVGO). All three have a strong track record of paying and growing dividends, making them attractive to patient shareholders.

Microsoft's dividend has increased for over 20 consecutive years, with a forward yield of about 0.9%. The company's revenue rose 18% year-over-year in the fiscal fourth quarter, driven by demand for its Copilot AI assistant and Azure cloud services. With a price-to-earnings ratio of 20 times forward fiscal 2027 earnings estimates, Microsoft looks reasonably valued.

Texas Instruments has increased its dividend for 22 straight years, with a forward yield of roughly 2%. The company's revenue climbed 23% year-over-year in the second quarter, led by demand from industrial and automotive sectors. Data center revenue doubled versus the year-ago quarter, as customers use Texas Instruments' chips for crucial functions like power management.

Broadcom has grown its dividend at an annualized rate of about 31% over the last 10 years. With a quarterly payout of $0.65, its forward yield is 0.69%. The company's revenue rose 48% year-over-year in the recent quarter, driven by AI semiconductor revenue that surged 143%.