Dividends4Life: 3 Dividend-paying Cell Tower Stocks to Purchase for the Budding 5G Rollout

Dividend Growth Stocks News

The three dividend-paying cell tower stocks to purchase feature companies involved in the cell tower business, along with a fourth opportunity for those willing to consider a dividend-paying exchange-traded fund focused on 5G that includes exposure to cell tower stocks in portfolio of equity holdings. These three dividend-paying cell tower stocks to purchase give investors a chance to buy shares in a growth area that has just begun to show its huge potential.

American Tower Corporation (NYSE:AMT), a Boston-based real estate investment trust that owns and operates wireless and broadcast communications infrastructure in several countries, is one of the three cell tower real estate investment trusts (REITs) recommended by Bob Carlson, chairman of the Board of Trustees of Virginia’s Fairfax County Employees’ Retirement System with more than $4 billion in assets. Another of the three dividend-paying cell tower stocks to purchase is SBA Communications Corporation (NASDAQ:SBAC), a Boca Raton, Florida-based real estate investment trust that owns and operates wireless infrastructure in the United States, Canada, Central America, South America and South Africa. Crown Castle International Corp. (NYSE:CCI), of Houston, owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across major U.S. markets.

Source: Dividend Investor

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