Three Dividend-Paying 5G Technology Stocks to Consider

The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technology stocks, despite the ongoing COVID-19 public health crisis. These stocks already have begun to capitalize on the rollout of 5G that experts describe as one of the fastest wireless technologies ever created. The three dividend-paying, 5G technology stocks to buy in a pullback provide either products or services for fifth-generation cellular networks to users who increasingly need heightened bandwidth for video streaming, chatting, games and other purposes. With connected devices becoming commonplace, demand for such services is destined to grow quickly...

San Diego-based Qualcomm, Inc. (NASDAQ:QCOM), is a developer, designer and provider of digital telecommunications products and services. It specifically is a key provider of technology solutions for connected devices to unlock the speed and capability advances of 5G. Qualcomm’s P/E ratio is high even for 5G dividend-paying technology stocks to consider. The stock’s price-to-earnings (P/E) ratio of 47.94 is high even by technology industry standards, so prospective investors may want to wait for a further price drop before buying the shares. In comparison to Qualcomm, Dallas-based AT&T (NYSE:T) has a modest P/E ratio of 18.26 and offers a hefty current dividend yield of 6.95% that income investors should like. AT&T is not a pure play on 5G, since it has expanded heavily into media content in recent years. 

Source: Dividend Investor

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