Communications Services sector as "Companies that provide communication services using fixed-line networks or those that provide wireless access and services. This sector also includes companies that provide internet services such as access, navigation and internet related software and services."
When looking at the companies in the Communications Services sector it is a dichotomy of haves and have nots. Half the companies have high yields, while the other half have low yields. Some are more heavily tied to the declining "land-line" industry, while others are aggressively growing their wireless business.
Probably more than any other sector, the astute investor looking for Communications Services dividend stocks has to spend significant time understanding each company. Where it is positioned? What is its strategic plan? How does it plan to get there?
This week, I screened my Dividend Growth Stocks database for Communications Services companies with a yield above 1.5%. The results are presented below:
Atlantic Tele-Network (ATNI)
Yield: 1.8% | Years of Dividend Growth: 17
Atlantic Tele-Network provides wireless and wireline telecommunications services in the Caribbean and North America.
Telephone and Data Systems Inc. (TDS)
Yield: 2.0% | Years of Dividend Growth: 38
Telephone and Data Systems Inc. services company provides wireline service in rural markets and is the majority owner of regional wireless carrier U.S. Cellular.
Verizon Communications Inc. (VZ)
Yield: 4.5% | Years of Dividend Growth: 9
Verizon Communications Inc. is the largest U.S. wireless carrier, Verizon also offers wireline and broadband services primarily in the northeastern U.S. Key.
AT&T Inc. (T)
Yield: 5.7% | Years of Dividend Growth: 30
AT&T Inc. (formerly SBC Communications) provides telephone and broadband service and holds full ownership of AT&T Mobility (formerly Cingular Wireless).
As with past screens, the data presented above is in its raw form. Some of the the companies would be disqualified for poor dividend fundamentals. However some of the others may be worth additional due diligence.
My database, D4L-Data, is an Open Office spreadsheet containing more than 20 columns of information on the 230+ companies that I track. The data is sortable and has built-in buttons and macros to make it easy to use. Companies included in the list are those that have had a history of dividend growth. The D4L-Data spreadsheet is a part of D4L-Premium Services and is updated each Saturday for subscribers.
Full Disclosure: Long T in my Dividend Growth Portfolio, and long VZ in my High-Yield Portfolio. See a list of all my dividend growth holdings here.
- 6 Stocks With a Sustainable Dividend
- 5 Dividend Stocks Building A Growing Cash Stream
- 9 Dividend Stocks Beating The 4% Rule
- How To Buy Dividend Stocks At The Bottom
- 8 High-Yielding Dividend Aristocrats Not Afraid to Raise Their Dividends
Tags: [ATNI] [TDS] [VZ] [T]
Popular Posts - Last 7 days
Over the last 12-18 months, there have been several prognosticators saying dividend stocks are extremely over valued. In many cases, I woul...
It is a well-documented fact that a significant portion of the historical equity returns are a result of reinvested dividends. In Triumph of...
There are only few things in life that I consider myself an expert in , but when it comes to making investing mistakes I have earned several...
Linked here is a detailed quantitative analysis of International Business Machines Corp. (IBM). Below are some highlights from the above li...
Linked here is a detailed quantitative analysis of Duke Energy (DUK). Below are some highlights from the above linked analysis: Company D...
Each weekend I highlight any notable articles that I came across over the past week. Though I may not always agree with each of the articles...
Presented below are are my Dividend Growth Stocks portfolio holdings. This is not a recommendation to buy these securities. I have classifi...
In an utopian world, the perfect dividend stock would be one that is both high-yield and provide a high dividend growth rate. Its share pri...
Linked here is a detailed quantitative analysis of The Clorox Company (CLX). Below are some highlights from the above linked analysis: Co...
As mentioned in previous articles, I love inspirational (and other) quotes . I see quotes as a portal to someone’s inner self. They reveal m...