04.10.2024 23:00:00

This Telecom Giant Just Increased Its Dividend 35%, and It's Promising Many More Double-Digit Raises to Come

The telecom industry is full of great dividend payers that consistently raise their payouts year after year. But one of the newest dividend payers in the industry is making the case that it might be the best bet for long-term dividend investors.T-Mobile (NASDAQ: TMUS) instituted a dividend last September. A year later, it announced its first-ever dividend increase -- and it was a big one. Shareholders will receive $0.88 per share every quarter starting in December, a 35% bump from T-Mobile's original dividend. What's more, management is promising double-digit dividend growth for years to come.Here's why T-Mobile might be the best dividend stock of the bunch among the telecom giants.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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