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The steady increases can compound substantially over decades, turning a relatively low dividend yield today into a higher yield on the original cost basis.Some of the best dividend growth stocks are in the technology sector. This is a great way to profit from the growth of artificial intelligence (AI) while building your retirement income base. Here are two tech stocks with excellent dividend records to buy and hold for the long term.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »Image source: Getty Images.AI is undergoing a massive investment boom, driving enormous demand for Broadcom (NASDAQ: AVGO), a leading supplier of AI training hardware for data centers.This leading semiconductor business currently pays a forward yield of 0.77% based on an annual dividend of $2.60 per share (paid quarterly). Broadcom's dividend has grown at an annualized rate of 12% over the past five years. Assuming it maintains that growth, an investor would be earning a yield of 2.39% on cost in 10 years and 7.43% in 20 years. That's the power of compounding growth.Broadcom should sustain strong dividend growth. It makes high-performance networking switches, customized AI accelerators, and infrastructure software solutions for data centers. Its AI-related product backlog is $73 billion. This is a very profitable business, generating $23 billion in trailing-12-month net income on $64 billion of revenue.The company pays out roughly half of its annual earnings in dividends, leaving plenty of room to maintain and grow the dividend even if it experiences a year of weak demand during a recession. All told, this is an excellent AI stock that can also help you grow your passive income over the long term.Microsoft (NASDAQ: MSFT) has generated robust profits and revenue from its software for decades. It began paying dividends to shareholders in 2004 and has increased the dividend by 10% annually in the last five years. The stock's forward yield (based on the current quarterly payment of $0.91 per share) is currently 0.90%.Software stocks have sold off hard this year amid fears that advanced AI agents like Anthropic's Claude could disrupt established software providers. These risks are real, but Microsoft's leadership in AI technology should keep it in a solid competitive position. It recently introduced Agent 365 to help businesses safely extend their security, identify management, and governance for use with AI agents.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,892.75 -30.50 (-0.44%)Dow Futures49,460.00 -214.00 (-0.43%)Nasdaq Futures24,912.25 -155.25 (-0.62%)Russell 2000 Futures2,651.70 -17.10 (-0.64%)VIX20.36 +1.27 (+6.65%)Gold5,172.40 +91.50 (+1.80%)Trending tickersNVO Novo Nordisk A/S 47.42 -1.03 (-2.13%)BTC-USD Bitcoin USD 65,988.23 -2,055.10 (-3.02%)NOVO-B.CO Novo Nordisk A/S 258.80 -42.20 (-14.02%)LLY Eli Lilly and Company 1,009.52 -13.70 (-1.34%)VNDA Vanda Pharmaceuticals Inc. 5.76 -0.34 (-5.57%)PortfolioSign in to access your portfolioSign inTop gainersRNG RingCentral, Inc. 39.50 +10.11 (+34.40%)LGN Legence Corp. 55.24 +7.96 (+16.84%)TLX Telix Pharmaceuticals Limited 7.69 +0.98 (+14.61%)SYRE Spyre Therapeutics, Inc. 43.21 +5.40 (+14.28%)FSM Fortuna Mining Corp. 12.27 +1.37 (+12.57%)Top losersFROG JFrog Ltd. 37.75 -12.54 (-24.94%)DNOW DNOW Inc. 13.23 -3.13 (-19.13%)CC The Chemours Company 17.04 -3.37 (-16.51%)AKAM Akamai Technologies, Inc. 94.17 -15.42 (-14.07%)RGC Regencell Bioscience Holdings Limited 29.17 -4.29 (-12.82%)Most activeNVDA NVIDIA Corporation 189.82 +1.92 (+1.02%)OPEN Opendoor Technologies Inc. 5.0000 +0.3500 (+7.53%)ONDS Ondas Inc. 10.03 -1.36 (-11.94%)INTC Intel Corporation 44.11 -0.51 (-1.14%)PLUG Plug Power Inc. 1.8700 -0.0400 (-2.09%)Top economic eventsEarnings eventsMy earnings eventsEarnings events