Top Ten Highest Dividend Yield in the Communication Services Sector

This article will look at the top 10 highest dividend stocks in the Communication Services Sector. It will identify each of the companies on the list so you can find them for your further research, give a brief description of the company itself, and then give a verdict on (whether the dividends are sustainable for the short and medium term or likely to be cut).

The Communication Services Sector includes a lot of mining and commodity extraction firms whose dividends can be quite high when times are good, which is great for us. Still, when times are bad, the dividends can be cut significantly!

This is something to watch out for in your portfolio building as these stocks are cyclical; you don’t want to have too much of them as a proportion of your portfolio, or it will be a feast or famine income for you which is not considered to be reliable if you want to live off dividend income!

Infographics taken from Simply Wall St – Sign up to premium here.

WPP plcWPP plc

(Forward Annual Dividend Yield- 4.45%)

  • Company name- BT Group plc
  • Ticker symbol- WPP.L
  • Price – £7.68
  • Sector-Communication Services
  • Industry- Advertising Agencies


WPP plc is a company providing communications, experience, commerce, and technology services worldwide. 

The company operates via the Global Integrated Agencies, Public Relations, and Specialist Agencies. 

It is involved in marketing and branding campaigns, creating various media advertisements, and providing buying services such as media investment.

This company also serves clients seeking public relations advisory services to communicate with various stakeholders, from consumers to governments and businesses.

WPP plc started in 1985 and is based in London, the United Kingdom.

TELUS CorporationTELUS Corporation

(Forward Annual Dividend Yield- 4.79%)

  • Company name- TELUS Corporation
  • Ticker symbol- TU
  • Price – $21.64
  • Sector-Communication Services
  • Industry-Telecom Services

TELUS Corporation provides a variety of telecommunications and information technology facilities in Canada. 

It operates through two segments. 

The Technology Solutions segment offers services such as network revenue, mobile technologies equipment sale, and data revenues.

Its Digitally-Led Customer Experiences segment provides services like artificial intelligence and content management solutions. 

The company serves a varied client base of  16.9 million subscriber connections.

TELUS Corporation began in 1998 and is headquartered in Vancouver, Canada.


BT Group plcBT Group plc

(Forward Annual Dividend Yield- 5.48%)

  • Company name- BT Group plc
  • Ticker symbol- BT-A.L
  • Price – £1.40
  • Sector-Communication Services
  • Industry- Telecom Services

BT Group plc provides communications products and facilities globally, functioning via four segments.

The Consumer segment provides landline, mobile, broadband, and TV services under the BT, EE, and Plusnet brands. 

Its Enterprise segment provides and sells network solutions along with services such as fixed voice and  IT services. 

The Global segment secures and manages network and cloud infrastructure for multinational corporations. 

Its Openreach segment provides a fixed connectivity access network connecting important places like hospitals and libraries.

BT Group maintains a partnership with Microsoft. 

This company began in 2001 and is headquartered in London, United Kingdom.

BCE Inc.BCE Inc.

(Forward Annual Dividend Yield- 6.17%)

  • Company name- BCE Inc.
  • Ticker symbol- BCE
  • Price – $46.55
  • Sector-Communication Services
  • Industry-Telecom Services

BCE Inc. is a Canadian company offering its services to a variety of national customers. 

This company operates via three segments. 

The Bell Wireless segment offers wireless voice and data communication products and services.

Its Bell Wireline segment offers facilities such as internet access and Internet protocol television (IPTV). It also buys and sells several services from or to resellers and other carriers. 

The Bell Media segment provides a range of special services: conventional TV, specialty TV, pay TV, and streaming.

BCE Inc. began in 1880 and is based in Verdun, Canada. Group Group PLC

(Forward Annual Dividend Yield- 6.29%)

  • Company name- Group PLC
  • Ticker symbol- MONY.L
  • Price – £1.85
  • Sector-Communication Services
  • Industry-Internet Content and Information Group PLC is a company in the United Kingdom that provides price comparison websites.

This company functions via insurance, Money, Home Services, Travel, and Cashback.

It provides online and app-based tools to save money on household bills.

Further, it compares travel deals, including holidays, car hire, flights, and hotels. 

The company maintains platforms and websites under several brands, such as the MoneySavingExpert, the Decision Tech brand, and Quidco. Group PLC began in 1993 and is based in Chester, United Kingdom.

Verizon Communications Inc.Verizon Communications Inc.

(Forward Annual Dividend Yield- 6.32%)

  • Company name- Verizon Communications Inc.
  • Ticker symbol- VZ
  • Price -$41.06
  • Sector-Communication Services
  • Industry- Telecom Services

Verizon Communications Inc. offers communications, technology, information, and entertainment facilities to customers globally. 

Its Consumer segment provides facilities like postpaid and prepaid service plans and wireless-enabled internet devices. 

It provides residential fixed connectivity solutions and sells network access to mobile virtual network operators. 

Its customer base totals about 160 million connections. 

The company’s Business segment provides network connectivity products, customer contact center solutions, and management and data security services. 

Verizon Communications Inc. began in 1983 and is based in New York, New York.

AT&T Inc.AT&T Inc.

(Forward Annual Dividend Yield- 6.62%)

  • Company name- AT&T Inc.
  • Ticker symbol- T
  • Price -$16.61
  • Sector-Communication Services
  • Industry- Telecom Services

AT&T Inc. provides its services globally. 

Its Communications segment offers wireless voice and data communications services and sells wireless devices.

It also offers services like data and security for customers ranging from multinational corporations to governmental institutions.

Further, this segment offers broadband fiber and legacy telephony voice communication services to residential customers. 

This company markets its communications services and products under brand names such as  AT&T, Cricket, AT&T PREPAID, and AT&T Fiber. 

The company’s Latin America segment provides wireless services in Mexico and video services in Latin America under brand names like AT&T and Unefon.

AT&T Inc. started in 1983 and is based in Dallas, Texas.

Vodafone Group Public Limited CompanyVodafone Group Public Limited Company

(Forward Annual Dividend Yield- 7.08%)

  • Company name- Vodafone Group Public Limited Company
  • Ticker symbol- VOD.L
  • Price -£ 1.08
  • Sector-Communication Services
  • Industry-Telecom Services

Vodafone Group Public Limited Company deals with telecommunication facilities globally. 

This company offers mobile services, fixed line services (like broadband), and convergence services under brands like GigaKombi and Vodafone One. 

It further provides value-added services, namely, the Internet of Things (IoT), smart metering, and automotive and health solutions. 

The company partners with M-Pesa and Open Fiber to provide payment services to operators. 

It serves an estimated 373 million customers through its varied services.

This company began in 1984 and is based in Newbury, the United Kingdom.

ITV plcITV plc

(Forward Annual Dividend Yield- 7.96%)

  • Company name- ITV plc
  • Ticker symbol- ITV.L
  • Price – £0.63
  • Sector-Communication Services
  • Industry- Broadcasting

ITV PLC is a non-segregated producer broadcaster that creates, owns, and distributes content on several platforms globally.

Its Media & Entertainment segment broadcasts various content on its family of free-to-air channels (ITV, ITV2, ITV3, ITV4), linear television broadcasting and ITV Hub while offering services for television advertising. It catches up on services on pay platforms and through direct content deals.

The ITV Studios segment creates and produces international programs and formats for its channels and other broadcasters. 

The Company also involves in the development of platforms, broadband, transactional, and mobile services.

ITV plc was founded in 1955 and is based in London, the United Kingdom.

Reach plcReach plc

(Forward Annual Dividend Yield- 9.49%)

  • Company name- Reach plc 
  • Ticker symbol- RCH.L
  • Price – £0.77
  • Sector-Communication Services
  • Industry-Publishing

Reach plc functions as a national and regional news publisher in the United Kingdom and Ireland

This company owns various national and regional brands via print and online such as HullLive, DerbyshireLive, belfastlive, BristoLive, and 

Additionally, it is involved in the publishing and digital classified recruitment business. 

Reach plc started in 1904 and is based in London, the United Kingdom.


This was the list of the top 10 highest dividend stocks in the Communication Sector. This was made to give you some inspiration for companies in this grouping that you can now do your due diligence on. Just looking for a high yield is not enough for it to be a candidate for your portfolio, but it can be a great starting point that you can start to narrow down your watchlist.

Infographics taken from Simply Wall St – Sign up to premium here.

If you enjoyed this list, you may wish to check out the top 10 highest dividend stocks in the Consumer Financial sector.

Top 10 High Dividend Stocks in Financials Sector


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