SOURCE: Paragon Financial Limited
NEW YORK, NY--(Marketwire - Aug 22, 2012) - U.S. Telecom stocks have performed well this year despite concerns of a global economic slowdown. The iShares Dow Jones U.S. Telecommunications Sector Index Fund (IYZ) is up roughly 16 percent year-to-date, almost double the Dow Jones Industrial Average gain of 8.6 percent. The Paragon Report examines investing opportunities in the Telecommunications Industry and provides equity research on CenturyLink, Inc. (NYSE: CTL) and Alaska Communications Systems Group, Inc. (NASDAQ: ALSK).
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While growth is an added bonus, investors have flocked to the telecom industry for their high yielding dividends as investment rates are near record lows. As a result of their stable revenues, many telecom companies currently pay dividends that yield in excess of 5 percent.
The rapidly growing popularity of mobile devices -- such as tablets and smartphones -- has led to an increase in demand for data services. According to recent data from the International Data Corporation the number of smartphones shipped in the second quarter grew 42 percent year-over-year, while the number of tablets shipped saw a growth rate of 66 percent.
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CenturyLink is the third largest telecommunications company in the United States. The company offers investors an annual yield of $2.90 per share for a yield of roughly 7 percent. CenturyLink recently reported operating revenues for second quarter 2012 were $4.61 billion compared to $4.41 billion in second quarter 2011. Shares of the company are up over 12 percent for the year.
Alaska Communications is a leading provider of high-speed wireless, mobile broadband, Internet, local, long-distance and advanced data solutions for businesses and consumers in Alaska. The company offers investors an annual dividend of $0.20 per share for a yield of around 9.3 percent. For the second quarter of 2012 the company reported revenue of $90.0 million, an increase of $5.1 million or 6 percent, from $84.9 million in the prior year.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.paragonreport.com/disclaimer