5 Best Telecom Dividend Stocks to Buy for 2022

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1. Vodafone Group Public Limited Company (NASDAQ:VOD)

Dividend Yield as of October 18: 8.49%

Vodafone Group Public Limited Company (NASDAQ:VOD) is a British multinational telecommunications company that also offers data services to its consumers.

In October, Oddo BHF upgraded Vodafone Group Public Limited Company (NASDAQ:VOD) to Buy with a 142 GBP price target. The firm highlighted the company’s merger plans in Portugal and Hungary and mentioned that deals are looking more probable.

Vodafone Group Public Limited Company (NASDAQ:VOD) currently pays a quarterly dividend of $0.4725 per share, with a dividend yield of 8.49%, as recorded on October 18.

As of the close of Q2 2022, 15 hedge funds tracked by Insider Monkey owned stakes in Vodafone Group Public Limited Company (NASDAQ:VOD), up from 14 in the previous quarter. These stakes have a collective value of over $566.4 million. Jim Simons and Ken Griffin were some of the company’s leading stakeholders in Q2.

You can also take a look at 11 Best Dividend Aristocrats With Over 3% Yield and 10 Best High-Dividend Stocks to Buy Now

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