Communication Services Stocks: Plenty of Dividends, Limited Price Appreciation Potential
Communication Service companies tend to provide very good dividend yields. Among the approximately 100 industries used by Edgar Online to classify companies, the Communication Services industry ranked fourth with a market-cap weighted average dividend yield of 4.0%. In comparison, the SPDR S&P 500 Trust ETF (SPY) provides a current dividend yield of 1.84%. However, investors in these companies might be disappointed by the price appreciation of these stocks. This article will look at stocks which were selected because they had high dividend yields and market capitalizations greater than $1 billion. Some stocks were excluded due to limited history or questionable data. The dividend yields were from Zacks.com and reflect their calculation methodology which does not use a trailing twelve months approach. Communications Services Dividend StocksTickerNameMarket Cap ($ billions)Dividend YieldDividend AmountTimingPTPortugal Telecom SGPS, S.A . 7.819.4%IrregularAnnuallyCELCellcom Israel, Ltd.... Read more