Reported about 1 year ago
Telecom stocks are considered valuable additions to a portfolio during economic uncertainty due to their defensive nature. Two popular telecom giants, Vodafone Group and BCE, currently offer dividend yields above 8%. However, caution is advised as their high yields may not be sustainable in the long term, with both companies facing issues such as declining stock prices, high payout ratios, and elevated debt levels. Investors are urged to approach these high-yield telecom stocks with care and explore alternative high-yield investment opportunities in private market real estate to maximize returns.
Source: YAHOO