Posted 4/1/2024, 2:00:00 AM
Asia's Dividend-Paying Tech Stocks Attractive Despite Lagging Innovation
- Asia AI and tech stocks pay dividends and are expected to increase payouts, contrasting with US peers
- Asia fund manager has record 32% allocation to tech stocks like TSMC and Samsung which pay dividends
- Asia tech valuations are cheaper than US counterparts and offer better dividend growth
- Preference for "global leaders" in Asia that have surpassed US in tech capabilities
- Asia has key suppliers and contractors to US tech giants regardless of who develops new products