Dividends4Life: 3 Terrific Telecom Dividend Stocks

3 Terrific Telecom Dividend Stocks

Posted by D4L | Wednesday, May 09, 2018 | | 0 comments »

Folks are so tethered either by wire or wireless connections that telecom companies have a lock on their customers. And sure, there is some competition. But for most markets, internet companies typically have no competition and swapping from one wireless provider for another is not very common occurrence for many customers. This makes for a great recipe for strong, consistent and even rising revenues, which in turn provide lots of cash for strong, consistent and even rising dividends. And that’s why I love these 3 solid dividend stocks from the telecom market...

Start with Ma Bell, also known as AT&T Inc. (NYSE:T). AT&T provides the far reach of its vast wireless network around the U.S. and continues to expand its offerings via satellite with its Directv, U-Verse and internet services units. Next is AT&T’s prime competitor: Verizon Communications Inc. (NYSE:VZ). Verizon is actually bigger than Ma Bell in the wireless market — but trails in internet and related services. Last of the three is BCE Inc. (USA) (NYSE:BCE), which stands for Bell Canada Enterprises but is known simply as Bell Canada. The company is the largest communications company in Canada.

Source: InvestorPlace

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