Dividend Stocks Down Under: Two Telecom Companies to Consider

The telecom sector has stood out as one of the few sectors that maintained its high dividend yields through the financial crisis. Indeed, both wireless and land-line dividend paying stocks in this sector have continued to reward investors with high dividend payouts, even as other sectors (notably, financials) had to eliminate or slash their payouts: (Data Source: Standard & Poor's) As the above table illustrates, the financial sector slashed its dividends over 68%, and several sectors' current dividend yields fall below the current S&P average dividend yield of 1.81%. An interesting development (hopefully an ongoing trend) is that the tech and energy sectors actually increased their average dividend payouts by over 32% and 42% respectively. If you follow the logic of diversifying your portfolio overseas, but still maintaining an attractive dividend yield, here are two foreign telecoms, listed in our High Dividend Stocks by Sector Tables, that you may want... Read more