7 Foreign Telecom Stocks Yielding More Than 6% Dividends

Telecom stocks can provide some stability and steady growth to a well-diversified portfolio. Some of them also offer high dividends which may be reinvested to increase the total return on an investment. Unlike consumer discretionary and other sectors, consumers in most countries consider telecommunication services such as mobile phone services as a necessity. Telecom companies offer other value-added services to generate higher revenue from each customer.

The following foreign telecom stocks offer more than 6% dividend yields as of April 20, 2010:

1. Telekom Austria AG (OTC:TKAGY)
Current Dividend Yield: 7.21%

2. Magyar Telecom (MYTAY)
Current Dividend Yield: 9.39%

3. Deutsche Telekom AG (DT)
Current Dividend Yield: 7.68%

4. Telstra Corp Ltd (OTC: TLSYY)
Current Dividend Yield: 8.92%

5. France Telecom(FTE)
Current Dividend Yield: 7.36%

6. Telefonica SA(TEF)
Current Dividend Yield: 6.26%

7. Telecom Corporation of New Zealand Ltd (NZTCY)
New Zealand
Current Dividend Yield: 10.80%

Note: Information posted above is known to be accurate. Please do your own reasearch before making any investment decisions.

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