5 Best Telecom Dividend Stocks To Buy for 2022

In this article, we discuss the 5 best telecom dividend stocks to buy for 2022. If you want our detailed analysis of the telecom industry, go directly to the 10 Best Telecom Dividend Stocks To Buy for 2022.

5. BCE Inc. (NYSE:BCE) 

Dividend Yield as of February 2: 5.33% 

Number of Hedge Fund Holders: 15

BCE Inc. (NYSE:BCE) is a Canadian telecom company that pays a reasonable dividend yield of 5.33% to shareholders. Ookla named BCE Inc. (NYSE:BCE) the fastest 5G mobile network in Canada for the second time in a row in early February. The number of hedge funds with a stake in BCE Inc. (NYSE:BCE) increased to 15 at the end of the third quarter of 2021, up from 14 the previous quarter. These stakes are worth a total of $129.1 million, up from $113.2 million.

BCE Inc. (NYSE:BCE), a leading 5G provider in Canada, encourages cloud adoption among customers. The company teamed up with VMware, Inc. (NYSE:VMW) and Amazon.com, Inc. (NASDAQ:AMZN) in October to deliver digital transformation services to its customers. 

During the fourth quarter of 202, the Canadian telecom company added 47,618 retail net subscribers and 29,191 retail IPTV customers. The company’s total revenue in Q4 2021 jumped 1.8% year over year to C$6.21 billion. On February 3, BCE Inc. (NYSE:BCE) increased its quarterly dividend by 5.1% to C$0.02 per share. As of early February, the stock is up 23% in the past twelve months.