10 Best Telecom Dividend Stocks To Buy for 2024

Published on February 28, 2024 at 4:39 am by Vardah Gill in Dividend Stocks, Hedge Funds, News

In this article, we discuss 10 best telecom dividend stocks to buy for 2024. You can skip our detailed analysis of the telecom industry, its performance, and outlook for 2024, and go directly to read 5 Best Telecom Dividend Stocks To Buy for 2024.

The telecommunications industry holds a crucial position within the US, drawing significant attention from investors owing to its consistent drive for innovation and swift progressions. With the rapid advancement of technology, telecom companies not only provide traditional voice and data services but also enable innovations like 5G networks, IoT applications, and cloud computing, fostering digital transformation across various sectors. For this reason, the US telecom industry plays a pivotal role in driving the country’s economy forward. According to a report commissioned by the Cellular Telecommunications Industry Association (CTIA) in 2018, the wireless sector in the US contributed a staggering $475 billion to the nation’s economy on an annual basis and sustained employment for 4.7 million individuals. The analysis, conducted by Accenture plc (NYSE:ACN), revealed that the U.S. wireless industry represented 2.6 percent of the total GDP of the country in 2016, positioning it as comparable to the 24th largest global economy.

Expanding upon these advancements, a report by Deloitte predicts that by 2024, consumers in the United States will have a significantly broader range of choices for broadband connectivity. The report highlighted a growing trend of households in the US adopting wireless solutions for their internet needs. According to Deloitte’s 2023 Connected Consumer Survey, there has been a notable increase in the adoption of fixed wireless connections, with 12% of home internet users opting for this option, up from 6% in the previous year’s survey. Moreover, the majority of these users (52%) reported that their fixed wireless connection is powered by 5G technology, marking a substantial rise from the previous year’s figure of 32%. The report also underscored the rapid growth of 5G Fixed Wireless Access (FWA), which accounted for 90% of net additional broadband internet subscribers in 2022 and is projected to maintain a strong presence, capturing 80% to 90% of market share through 2024.

While the telecom sector didn’t experience the most significant decline in 2023 compared to other industries, the stocks didn’t see remarkable growth throughout the year either. The S&P Telecom Select Industry Index, which monitors the performance of stocks within various telecom-related sub-industries, including alternative carriers, communications equipment, integrated telecom services, and wireless telecom services, dropped by 2.12% in 2023. Warner Bros. Discovery, Inc. (NASDAQ:WBD) and Comcast Corporation (NASDAQ:CMCSA) managed to surpass the performance of the S&P 500 last year, albeit by a small margin. However, The Walt Disney Company (NYSE:DIS) and Paramount Global (NASDAQ:PARA) fell short and underperformed compared to the index.

Unfortunately, the trend hasn’t improved in 2024, as the index has already lost around 4.44% since the beginning of the year. However, analysts hold some optimism for the sector this year on certain fronts, according to a report by CNBC. The resolution of actors’ and writers’ strikes is seen as a positive development. Additionally, with the upcoming 2024 U.S. presidential election, there’s an expectation for an increase in advertising spending, particularly as global TV ad revenue is projected to decline by 18% this year, as reported by media investment firm GroupM. Companies like Warner Bros. Discovery, Inc. (NASDAQ:WBD) and The Walt Disney Company (NYSE:DIS) have taken significant measures such as job cuts and reducing content costs substantially to enhance free cash flow and address debt concerns. This strategic move might instill confidence in investors regarding their future business prospects. Notably, The Walt Disney Company (NYSE:DIS) has recently reinstated its dividend for early 2024, following a suspension that lasted over three years.

Besides these aspects, telecom stocks are recognized for offering dividends to their shareholders. Numerous companies within the sector have a long-standing history of distributing regular dividends, indicating their commitment to returning value to investors. Furthermore, their strong cash positions suggest that they are well-positioned to sustain these dividend payments in the foreseeable future. In this article, we will take a look at some of the best dividend stocks from the telecom sector.

Photo by Jonathan Kemper on Unsplash

Our Methodology:

For this list, we scanned Insider Monkey’s database of 933 hedge funds as of Q4 2023 and selected stocks that belong to the telecom sector or provide services in the industry and pay dividends to shareholders. From the resultant list, we picked 10 stocks with the highest number of hedge fund investors and ranked them in ascending order of hedge funds’ sentiment towards them. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).

10. Cogent Communications Holdings, Inc. (NASDAQ:CCOI)

Number of Hedge Fund Holders: 19

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) is a multinational internet service provider (ISP) that offers high-speed Internet access and data transport services to businesses and individuals worldwide. The company currently offers a quarterly dividend of $0.955 per share, having raised it by 1.1% in November 2023. This marked the company’s 12th consecutive year of dividend growth, which makes CCOI one of the best dividend stocks from the telecom sector. The stock’s dividend yield of 4.99%, as of February 18.

At the end of Q4 2023, 19 hedge funds in Insider Monkey’s database reported having stakes in Cogent Communications Holdings, Inc. (NASDAQ:CCOI), down slightly from 20 in the previous quarter. With over 1 million shares, Harspring Capital Management was the company’s leading stakeholder in Q4.

9. BCE Inc. (NYSE:BCE)

Number of Hedge Fund Holders: 19

BCE Inc. (NYSE:BCE) is a leading Canadian telecommunications and media company. It owns and operates various media properties, including television networks, radio stations, and digital media assets. On February 8, the company declared a 3.1% hike in its quarterly dividend to C$0.9975 per share. This marked the company’s 14th consecutive year of dividend growth, which places BCE on our list of the best dividend stocks from the telecom sector. The stock’s dividend yield on February 18 came in at 7.87%.

The number of hedge funds tracked by Insider Monkey owning stakes in BCE Inc. (NYSE:BCE) grew to 19 in Q4 2023, from 15 in the previous quarter. The collective value of these stakes is over $78.5 million. Among these hedge funds, Millennium Management was the company’s leading stakeholder in Q4.

8. TELUS Corporation (NYSE:TU)

Number of Hedge Fund Holders: 20

A Canadian telecommunications company, TELUS Corporation (NYSE:TU) is next on our list of the best dividend stocks from the telecom industry. The company currently pays a quarterly dividend of C$0.3761 per share and has a dividend yield of 6.30%, as of February 18. It has been rewarding shareholders with growing dividends since 2004.

As of the close of Q4 2023, 20 hedge funds tracked by Insider Monkey held stakes in TELUS Corporation (NYSE:TU), growing from 14 in the previous quarter. These stakes have a collective value of nearly $77 million.

7. Telephone and Data Systems, Inc. (NYSE:TDS)

Number of Hedge Fund Holders: 28

Telephone and Data Systems, Inc. (NYSE:TDS) is an American diversified telecommunications company that provides wireless telecommunications services through its subsidiary, U.S. Cellular. These services are provided to residential, business, and wholesale customers in select markets across the country. The company announced a 2.7% hike in its quarterly dividend on February 16 to $0.19 per share. Through this increase, the company achieved its 49th annual dividend growth. With a dividend yield of 5.27% as of February 18, TDS is one of the best dividend stocks from the telecom sector.

At the end of December 2023, 28 hedge funds in Insider Monkey’s database reported having stakes in Telephone and Data Systems, Inc. (NYSE:TDS), up from 27 in the preceding quarter. These stakes have a consolidated value of more than $202.7 million. With more than 2 million shares, Third Point was the company’s leading stakeholder in Q4.

6. Iridium Communications Inc. (NASDAQ:IRDM)

Number of Hedge Fund Holders: 33

Iridium Communications Inc. (NASDAQ:IRDM) is a company that operates a global satellite constellation network, providing various communication services to businesses, governments, and individuals worldwide. The company started paying dividends in 2022 and currently pays a quarterly dividend of $0.13 per share. As of February 18, the stock offers a dividend yield of 1.73%.

Insider Monkey’s database of Q4 2023 indicated that 33 hedge funds owned stakes in Iridium Communications Inc. (NASDAQ:IRDM), growing from 28 in the previous quarter. Silver Heights Capital Management owned over 2.6 million shares in the company, becoming its leading stakeholder in Q4.

Baron Funds mentioned Iridium Communications Inc. (NASDAQ:IRDM) in its Q3 2023 investor letter. Here is what the firm has to say:

“Iridium Communications Inc. (NASDAQ:IRDM) is a leading mobile voice and data communications services vendor offering global coverage via satellite. Shares fell on second quarter earnings, growth modestly slower than expected. Investors were also concerned by a potential slowdown in Iridium’s voice and data segment following several years during which the segment benefited from price increases and competition displacements. We attribute the earnings miss to a one-time write off of a spare satellite. This will not impact the company’s long-term prospects. We also remain excited about the potential benefit from Iridium’s recent partnership with Qualcomm to allow satellite connectivity on its new Snapdragon chips. While Iridium has suggested the realization of the direct-to-device opportunity might take longer than some investors had hoped, we believe the collaboration will yield substantial revenue for the company over time. We also remain excited about the company’s capital allocation program, which should benefit shareholders in the years ahead.”

Click to continue reading and see 5 Best Telecom Dividend Stocks To Buy for 2024.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

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This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

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AI needs energy. Energy needs infrastructure.

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Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

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The Hedge Fund Secret That’s Starting to Leak Out

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Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

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Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

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10 Best Telecom Dividend Stocks To Buy for 2024

Published on February 28, 2024 at 4:39 am by Vardah Gill in Dividend Stocks, Hedge Funds, News

10. Cogent Communications Holdings, Inc. (NASDAQ:CCOI)

9. BCE Inc. (NYSE:BCE)

8. TELUS Corporation (NYSE:TU)

7. Telephone and Data Systems, Inc. (NYSE:TDS)

6. Iridium Communications Inc. (NASDAQ:IRDM)

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up: