Self-driving cars, mobile streaming, IoT, cloud computing … it all runs on one thing – wireless data. Without it, many of tech’s biggest trends are dead in the water. Thanks to the surge in 5G and adoption of other high-speed internet protocols, technology is advancing at a rapid rate, which is wonderful news for our latest Best Communication Dividend Stocks List pick.
Our pick operates one of the largest wireless networks in the nation and cut its teeth on providing cellular service for both businesses and consumers. Now, the firm is leading the 5G charge with massive network upgrades and a roll-out designed to improve speeds and make some of these tech trends a reality. The best part is that these upgrades come with a variety of higher margins, larger consumer charges and tax savings for our pick. Even better is that our pick has started talking about the tangential potential with its roll-out.
With plenty of growth ahead, our pick has the potential to keep both its dividend growing and investors happy with big-time buybacks. Investors should watch for the stock when it goes ex-dividend next on Sunday, June 19 (estimated date).
You can check out the Best Communication Dividend Stocks List to explore all the stocks.
