Top 5 Communication Dividend Stocks - Passive Income From Dividends Series | Summary and Q&A

TL;DR

Jimmy presents his top five dividend stocks in the communication services sector, including Omnicon, WPP, ITV, AT&T, and Verizon.

Key Insights

• 💗 Omnicon and WPP have a history of steadily growing dividends since 2012.
• 💦 Profits dropping in 2018 affected both WPP and ITV, causing a leveling off of their dividend growth.
• ❓ AT&T and Verizon are known for their reliable dividends.

Transcript

hi I'm Jimmy in this video I'm gonna walk through my top five dividend stocks from the communication services sector this video is part of our passive income from dividends series where our goal is to find the top dividend stocks from each of the eleven GICS sectors that can give us the passive income that gets us closer to our personal goal of fin... Read More

Questions & Answers

Q: What are the basic rules for selecting dividend stocks in the communication services sector?

The stocks must have a current dividend yield of at least 2%, a decent dividend coverage ratio, and potential for future dividend growth.

Q: What is the dividend yield for Omnicon?

Omnicon has a dividend yield of a bit over 3%.

Q: Why did WPP level off its dividend growth in 2018?

WPP's profits dropped in 2018 due to a decrease in advertising spending. To maintain stability, they decided to keep their dividend level for the next couple of years.

Q: What is the dividend yield for ITV?

ITV has a dividend yield of a bit over 5%.

Summary & Key Takeaways

• Jimmy shares his top five dividend stocks in the communication services sector.

• Each stock must have a current dividend yield of at least 2% and a decent dividend coverage ratio.

• The stocks mentioned have a history of steadily growing dividends and potential for future growth.