5 Best Telecom Dividend Stocks To Buy for 2024

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1. T-Mobile US, Inc. (NASDAQ:TMUS)

Number of Hedge Fund Holders: 75

An American telecommunications company, T-Mobile US, Inc. (NASDAQ:TMUS) provides wireless communication services to its consumers. The company started paying dividends in November 2023 and currently pays a quarterly dividend of $0.65 per share. As of February 18, the stock has a dividend yield of 1.59%. It tops our list of the best dividend stocks from the telecom sector.

At the end of Q4 2023, 75 hedge funds in Insider Monkey’s database reported having stakes in T-Mobile US, Inc. (NASDAQ:TMUS), compared with 79 in the preceding quarter. The collective value of these stakes is over $3.8 billion.

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You can also take a look at 13 Highest Yielding Dividend Stocks in the Dow and 12 Best Quality Dividend Stocks To Invest In

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