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4 Tech Stocks With Juicy Dividends

The space has been rocky lately but it looks like a good place to find nice yields.

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AT&T

ATTLogo 4 Tech Stocks With Juicy DividendsAT&T (T)
Yield: 5.1%

While AT&T has tough competition from Verizon (VZ) — as well as others like Sprint (S), which snagged $21.6 billion from Softbank — the company will likely remain a top player in the mobile space for many years to come. It continues to invest heavily in its LTE network, which should provide opportunities for expansion with data plans and add-on services. In Q2, mobile data revenues shot up by 20% to $5.4 billion and the company gained 1.2 million new smartphone subscribers.

But AT&T also has a thriving broadband/TV business, called U-Verse. Over the past seven years, it went from zero to $12 billion in revenues and has built a subscriber base of roughly 9.4 billion.

The company has generated $17.7 billion in operating cash flows so far this year, so the dividend looks pretty safe for now. And investors should rest easier knowing that AT&T has increased its quarterly dividend for 29 consecutive years.


Article printed from InvestorPlace Media, http://investorplace.com/2013/07/4-techs-with-juicy-dividends/.

©2014 InvestorPlace Media, LLC

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