5 Best Telecom Dividend Stocks To Buy for 2024

4. Comcast Corporation (NASDAQ:CMCSA)

Number of Hedge Fund Holders: 63

Comcast Corporation (NASDAQ:CMCSA) is a global media and tech company that provides related services to businesses, including internet, voice, and television services. The company has consistently raised its dividends for the past 16 years and currently pays a quarterly dividend of $0.31 per share. It is one of the best telecom dividend stocks on our list with a dividend yield of 3.01%, as recorded on February 18.

At the end of the fourth quarter of 2023, 63 hedge funds tracked by Insider Monkey reported having stakes in Comcast Corporation (NASDAQ:CMCSA), down from 68 in the preceding quarter. These stakes have a collective value of nearly $3 billion.

Follow Comcast Corp (NASDAQ:CMCSA)