10 Best Blue Chip Dividend Stocks in 2017

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10. Consolidated Communications Holdings (NASDAQ:CNSL)

– Number of Hedge Funds With Long Positions (as of March 31): 4
– Aggregate Value of Hedge Funds’ Holdings (as of March 31): $3.3 million

Dividend Yield – 8.02%

Consolidated Communications Holdings (NASDAQ:CNSL) is a leading broadband and business communications company. With the recent acquisition of FairPoint, Consolidated Communications Holdings has expanded its advanced fiber optic network to more than 36,000 fiber route miles. The company serves businesses of all sizes and wireless companies and carriers in 24 states. Consolidated Communications offers a wide range of communications solutions, including data, voice, video, managed services, cloud computing, and wireless backhaul. Consolidated Communications has a healthy dividend yield of over 8% at $1.55 per share annually. The company has been paying dividends for 48 quarters in a row.

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Myimagine/Shutterstock.com

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