VZ - BCE: The Canadian Bell Rings With 8.9% Dividend Yield + 3 High Yield Telecommunication Stocks - ATT Verizon And Vodafone
2024-06-17 05:31:52 ET
Summary
- Telecommunication companies in the communication sector offer high yields, investible S&P credit ratings, and 6%+ dividend yields.
- BCE Inc. has an 8.9% yield, Verizon has a 6.7% yield, AT&T Inc. has a 6.3% yield, and Vodafone Group PLC has an 11.1% yield.
- Despite challenges like regulatory rulings and dividend cuts, these telecom companies provide reliable high-yield income and are considered good investments for income portfolios.
- The Rose Take and Recommendation is made for each company.
The telecommunication companies in the communication sector generally stand out for high yield, with the 4 reviewed in this article being in that category. They also have investible S&P credit ratings along with 6%+ dividend yields. To note is that one of them is going to cut the dividend in 2025 and could still have a 6.1% yield. It is important to note that telecom service providers are not in favor, but what makes them popular to own is that they do provide quite reliable high-yield income.
Current prices with Morningstar and Value Line Price Targets
To introduce the tickers and names, I will start with some current prices and then pricing analyst estimates from Value Line and Morningstar. They should be used as points of reference as more information is revealed for each individual stock. BCE Inc. ( BCE ) will be the focus of this article, but the others that also offer a bit lower high yield will get a shorter review. The "Rose Take and Recommendation" is provided for each one and will give you an idea of their future within the "RIG" portfolio.
Abbreviations used in the chart:
Current /Sh = US$ Price/Share on June 15, 2024.
M* = Morningstar Analyst premium subscriber information
M* FV = Fair Value from Morningstar analyst premium information.
M* Buy = the low buy price target suggested.
VL = Value Line analyst safety rating, with a 1 being the best, 3 average and 5 the worst....
BCE: The Canadian Bell Rings With 8.9% Dividend Yield + 3 High Yield Telecommunication Stocks - ATT, Verizon, And Vodafone