March was a rough month for tech stocks, but there are plenty of buys out there after the sell-off. Some of those names in technology even pay a dividend -- and since tech is a growing industry, tech dividend payers are promising dividend payout increases over time. For the month of April, three Fool.com contributors think Amdocs (NASDAQ: DOX) , Kulicke and Soffa Industries (NASDAQ: KLIC) , and Taiwan Semiconductor Manufacturing (NYSE: TSM) are top dividend stocks right now.
Anders Bylund (Amdocs): Communications-oriented software and services specialist Amdocs can be found in Wall Street's bargain bin right now. The stock plunged 14% on Wednesday as a short-selling firm issued a scathing report on the company. Claims of outright accounting fraud from people with a negative financial interest in the stock should always be watched with a raised eyebrow, and this is no exception. I agree when well-respected analyst firm J.P. Morgan calls this situation a buying opportunity, driving share prices lower and effective dividend yields higher.
Here's the thing. It's not hard to make Amdocs look bad in a handcrafted report that highlights a few interesting events but doesn't give readers and investors the whole story. The company runs an incredibly complicated business model in order to cut down tax expenses and maximize its bottom-line returns. Pinch an unusual number here, put some spin on an accounting practice there, and you'll end up with a credible-looking fraud claim.
For further details see:
The 3 Best Tech Dividend Stocks to Buy Now