5 Communication Company Stocks to Ring in Dividends
During times of economic duress, we have always been able to rely on the dividends from those stocks forming the foundation of our portfolios. With recent events in the market, and investors looking to diversify their risk away and increase yield, we see the American telecoms as an intriguing way to increase your returns via dividends.
AT&T
AT&T (T) is the largest phone company in the United States and has been either the #1 or #2 mobile franchise in the country over the past decade, as measured by number of customers (trading spots with Verizon (VZ) depending on who conducted the last merger in most cases). Currently the company is moving forward with its acquisition of Deutche Telecom’s T-Mobile Unit in order to gain valuable spectrum in markets where AT&T itself has pushed its network to its limits. The company pays a healthy $1.72/share dividend, which gives investors a healthy... Read more