TEF - Invest $3000 in These High-Yielding Telco Stocks for More Than Just Dividend Checks
Dividend chasers are bumping up against a lot of telecommunication stocks these days. Providers of wireless and legacy landline connections are out of favor, and that's pushing their chunky yields even higher.
AT&T (NYSE: T), CenturyLink (NYSE: CTL), and Telefonica (NYSE: TEF) are all packing yields north of 5% right now. The sustainability of the big dividends is debatable over the long haul, but the near-term appreciation upside of the depressed shares and the healthy trickle of disbursements along the way make them awfully tempting. Let's go over why these three telcos are a good place for your next $3,000 investment.
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