2023-09-01 05:17:00 ET
Telecom investors are often attracted to the strong dividends many companies in the industry pay. But you might be better off ignoring the dividends and investing in another stock instead.
T-Mobile US (NASDAQ: TMUS) holds a lot of appeal versus its dividend-paying competition, AT&T (NYSE: T) and Verizon Communications (NYSE: VZ) . While the latter pay shareholders dividends of roughly 7.5% these days, T-Mobile doesn't pay investors anything for holding shares.
But even without a dividend, T-Mobile could end up returning more cash to shareholders over the next few years.
For further details see:
Don't Buy These Major Dividend Players, Buy This Telecom Stock Instead