Top 5 Telecoms Paying Excellent Dividends
In terms of dividends, telecommunication stocks are among the most promising companies. Thanks to their cutting-edge technological innovations, the world is becoming a global village. There is an ever increasing demand for data services provided by telecommunication companies. According to the Telecommunications Industry Association the telecom market is expected to grow by at least 9% for the next few years.
We screened for highly profitable North American Telecoms with substantial dividends and a maximum P/E ratio of 20. All of the following companies listed have a minimum 4% dividend yield. While there are several telecom companies listed in NYSE, only the following telecoms fit into this criteria:
Bell Canada Enterprises (BCE): BCE is Canada's largest communications company, providing the most comprehensive and innovative communication services to Canadian customers. The company offers local and long distance services, Bell Mobility and Solo Mobile wireless, high-speed Bell Internet, Bell TV direct-to-home satellite and... Read more