This Unstoppable Telecom Giant Returned More Capital to Shareholders Than Both AT&T and Verizon Over the Past Year, and It Just Raised Its Dividend 35%

One thing that attracts many investors to telecom stocks are the great dividend yields offered by many companies in the industry. Subscription revenue and long-term contracts are a great recipe for predictable free cash flow. And many of the biggest companies in the industry are happy to return that cash to shareholders. Verizon Communications (VZ -0.22%), for example, paid out $11.2 billion to shareholders over the last 12 months. The stock currently boasts an attractive dividend yield of 6.6%. AT&T (T 1.3 ...