Tech giant with surprisingly high dividends

In the world of technology companies, it is not common for companies to pay high dividends. Yet there is an exception that not only surprises with its innovation, but also with its generous dividends, making it an interesting choice for both growth and dividend investors.

The company in question announced a dividend of $0.46 per share in the third quarter of 2024, which represents a dividend yield of 5.21%. This company stands apart from many other tech giants that often favor reinvesting in research and development over paying dividends. What other factors make this company so attractive to investors looking for steady income?

Company introduction

United Microelectronics Corporation $UMC is a major player in the semiconductor industry and is one of the largest independent contract chip manufacturers in the world. Founded in 1980 in Taiwan, the company has since grown into a global enterprise with a broad footprint in semiconductor research, development and manufacturing.

UMC specializes…