In the United States, a lot of technology stocks are stingy. Many are also ‘large market cap’ tech stocks (market cap, or market capitalization is the number of shares times their price).
Large-cap American tech stocks that pay no dividends include Adobe Systems, Amazon.com, Ansys, Autodesk, Baidu, Citrix Systems, Cognizant Technology Solutions, EBay, Facebook, Fiserv, Google, Linkedin, Netflix, Pandora Media, Priceline.com, Red Hat, Servicenow, Symantec, Teradata, TripAdvisor, Twitter, Verisign, VMware, Yahoo! and Yelp. Another large-cap stock that pays no dividends is Warren Buffett’s Berkshire Hathaway.
Most ETFs (Exchange-Traded Funds) give the most weight to large-cap stocks. The S&P 500 (Standard & Poor’s 500-stock index) gives a lot of weight to big non-dividend-paying stocks. As a result, its dividend yield is relatively small. You can complement such ETFs with our U.S. all-star stocks that raise their dividend every year.