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Crown Castle Intl - >>> 4 Dividend Stocks to Supplement Your Social Security in 2022


Income-minded investors have plenty of good options still available as we move into the new year.


Motley Fool

by James Brumley

Dec 29, 2021


https://www.fool.com/investing/2021/12/29/dividend-stocks-supplement-social-security-2022/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article


Crown Castle


Dividend yield: 3%

Crown Castle International (NYSE:CCI) isn't a household name. But there's a good chance you or someone in your household relies on Crown Castle's service without even knowing it.

This company owns more than 40,000 cellphone towers and around 80,000 miles worth of fiberoptic cable, leasing access to its infrastructure to more familiar outfits like AT&T and Verizon. As long as you and other consumers need to remain connected to the rest of the world, the telco industry will need a means of keeping those connections in place. This makes for very reliable recurring revenue for Crown Castle.

That reliable revenue has allowed Crown Castle to dish out a dividend in every quarter since 2014 and to raise its annual payout every year since 2018. The yield of 3% may not be thrilling, but given its relatively low risk and secure future, that's a fair payout.

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