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Big Yields Up For Grabs In Telecom Space (EQIX, FTR, ALSK, CNSL, T, VZ)

by Jason Smith | October 20th  |  Filed in: Dividend News

While it’s tough to compete with pass-through entities like master limited partnerships (MLPs), real estate investment trusts (REITs), and energy trusts in terms of dividends and distributions, the domestic telecom space offers ample opportunity for income-oriented investors to collect big annual yields and equity gains to boot.

As a whole, components of the Domestic Telecom Stocks Index yield an average 4.2%, and while the Index is currently lagging the S&P 500 by -5% over the last month, it’s biggest laggard, Equinix Inc (EQIX) isn’t a dividend player. Meanwhile, Frontier Communications (FTR), Alaska Communications Systems Group (ALSK), and Consolidated Communications Holdings (CNSL) are all in positive territory for the period, and all three yield upwards of 8% to shareholders based on their latest distributions and current share values.

At the end of the second quarter, 343 13F-filing asset managers counted AT&T (T) among their top-15 U.S.-listed equity positions, ranking the stock atop the telecom sector in Pro popularity. Meanwhile, 115 Pros held rival Verizon Communications (VZ) among their top end-of-Q2 positions. Whether betting on AT&T, Verizon, or both, investors are currently collecting more than 6% in annual dividends from the telecom giants.

For more on these stocks, and the full list of tickerspy’s highest yielding Indexes visit tickerspy.com.

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One Response to “Big Yields Up For Grabs In Telecom Space (EQIX, FTR, ALSK, CNSL, T, VZ)”
  1. wayne Says:

    Do you think the dividends can be maintain in like a Frontier? It just looks like to me that their revenue is going to be falling short of past dividends paid…..am i missing something here?

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