Telecom Sector Yield Competition: Comcast Raises Dividend, AT&T Holds Flat
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Comcast raised its quarterly dividend from $0.27 to $0.33, while AT&T held its dividend flat at $0.28. Bell Media earned the top Roth slot for ordinary-treatment yield. Separately, Verizon was named one of the ten best stocks to buy in the high-yield sector.
From yahoo.com
Why it matters
The high yields in the telecom sector mean that the annual tax drag in a taxable account is large and visible. The difference in how cash flows are taxed—whether qualified dividends from US C-corps or foreign-issuer distributions—determines who benefits most from Roth placement.
A fiscal bill has been signed that is expected to boost the cash flows of Comcast, AT&T, and Verizon.
From yahoo.com
Who's involved
- ComcastRaised its quarterly dividend from $0.27 to $0.33.
- AT&THeld its quarterly dividend flat at $0.28.
- VerizonWas named one of the ten best stocks to buy in the high-yield sector.
- Bell MediaEarned the top Roth slot for ordinary-treatment yield.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
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The entities involved
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AT&T
American multinational conglomerate
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Comcast
American multinational telecommunications conglomerate
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Verizon
American broadband and telecommunications company
Related events
- AT&T and Verizon are noted for operating in the telecommunications industry and being considered high-yield dividend stocks.
- Verizon surged while T-Mobile dropped, with reports that Dan Schulman is leading Verizon's cost and subscriber turnaround.
- AT&T and Verizon are competing to win wireless customers.
- AT&T and Netflix are involved in a development where sector groups businesses based on radically different economics.
- AT&T's strategy focuses on 5G and Fiber bundling, while the company is noted to be underperforming the market.