The ability to connect wirelessly has been one of the greatest transformations for society. The growth of 5G and faster connectivity is only pushing the boundaries of what we can do further. From self-driving cars to the IoT, 5G is truly the lynchpin for the next great tech revolution. Our latest pick in our Best High Dividend Stocks Model Portfolio is at the forefront of this change.
Our pick is one of the largest providers of wireless communication networks in North America. And it’s also becoming one of the largest 5G providers as well. Thanks to its efforts to build out its huge network, our pick is quickly becoming THE place to get access to high-speed data. This puts it in the driver’s seat for additional customer growth.
This fact only supports and strengthens its ample cash flows and helps keep its 5% dividend humming along. With the stock going ex-dividend on Thursday, April 7, it could be an optimal pick to add or increase your position in the stock.
To make room for this communications stock and another asset manager pick player, we had to remove a real estate lender and an asset manager from our list this week.
You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.
