When we think of wireless and broadband services, a few giant names come to mind. However, there is a whole ecosystem of smaller carriers that continue to thrive, carve out their niche and provide steady dividends to their investors. This includes our latest pick for the Best Communication Dividend List. Here, investors can score a juicy and growing 4.2% yield!
Our pick has made a name for itself offering cellular, wireless and home internet/cable services in the Midwest. This focus on rural and suburban communities – often ignored by the bigger firms – has provided our pick with a huge base of customers. And with little to no competition in these areas, our pick has thrived.
Meanwhile, smart M&A and continued expansion in these areas have expanded customer base and boosted cash flow even further. For dividend seekers, there truly is riches in niches!
In order to make room for our new telecom pick, we’ve been forced to remove an ad agency from the list.
You can check out the Best Communication Dividend Stocks List to explore all the stocks.
