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Is T-Mobile a Good Dividend Stock to Buy?


A great way to generate passive income is to invest in dividend stocks. Pick a company that can reliably pay you dividends for years, and your funds can grow substantially. In fact, dividend stocks have outperformed the S 500.

This year, T-Mobile (NASDAQ: TMUS) joins the ranks of businesses paying a dividend. It finally accompanies telecom rivals Verizon Communications and AT, which have provided dividends for years.

T-Mobile possessed many strengths even before it offered a dividend, such as its nascent 5G wireless network's coverage already available to 98% of Americans. So offering investors a passive income stream seems to only improve the case for owning T-Mobile stock.

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Source Fool.com

Verizon Communications Inc. Stock

€41.90
0.050%
With only a change of €0.020 (0.050%) the Verizon Communications Inc. price is nearly unchanged from yesterday.
Verizon Communications Inc. is currently one of the favorites of our community with 11 Buy predictions and no Sell predictions.
With a target price of 43 € there is a slightly positive potential of 2.64% for Verizon Communications Inc. compared to the current price of 41.9 €.
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