3 5G Stocks That Also Pay Rock-Solid Dividends
Many wireless carriers have been expanding their fifth-generation (5G) networks, which can transfer data up to 100 times faster than 4G networks, over the past year. The growth of that market could pave the way for breakthroughs across the mobile, Internet of Things (IoT), automation, analytics, and artificial intelligence markets.
As a result, the global 5G services market could grow at a whopping compound annual growth rate of 43.9% between 2021 and 2027, according to Grand View Research. Investors who want a piece of that action have plenty of stocks to choose from, but only a handful of those companies pay dividends.
Let's take a closer look at three companies that will profit from the growth of the 5G market while paying decent dividends to patient investors: Ericsson (NASDAQ: ERIC), Skyworks Solutions (NASDAQ: SWKS), and Qualcomm (NASDAQ: QCOM).
Source Fool.com
