This Week Is All About 5G Earnings! Here’s How YOU Profit
As we kick off a new week of trading in this unprecedented coronavirus environment, there’s one particular area of opportunity that has my full attention.
It’s an area that most of the main street media has totally written off. So you won’t see much about this week’s wealth-building opportunity in the newspaper or on TV.
But if you’ve been following our coverage of the 5G network rollout here at The Daily Edge you’re already a step ahead.
That’s because this week, several of our most important 5G income stocks are set to report earnings. And throughout this coming week, I’m expecting several of our companies to make a very specific announcement.
This announcement will not only boost the income you receive from these plays, but it could also be the catalyst for shares to move sharply higher!
Today, I’ve got a list of these important 5G income plays for you to consider now — before those special announcements hit the newswires
5G Earnings Season Matters
The mainstream media has been telling us that this quarter’s earnings season doesn’t matter.
Typically at this time of year, my team would be pouring over a flood of earnings announcements to find key information on how each of our income investments are doing.
But thanks to the coronavirus crisis, most of Wall Street is ignoring these announcements. Instead, they’re focusing all of their attention on how lockdowns and social distancing are pressuring the economy.
That may make sense for some industries like retail and travel.
But for our 5G opportunities, this earnings season actually matters… A LOT!!
After all, more people are working from home. Schools have transitioned to online education. Families are home streaming more video content and hosting FaceTime or Zoom calls.
And all of this drives demand for 5G networking and the devices that connect to these life changing networks.
Over the next two weeks more than a dozen 5G income stocks are set to report quarterly earnings.
And when they report, we’ll be able to hear how business is growing, what each company is planning for the rest of the year, and most importantly how much they will be paying investors.
After all, many dividend hike announcements are made when companies report their quarterly earnings.
When a company raises their dividend, it often does two things for investors.
First, it signals that we can expect more income going forward.
And second, share prices often trade higher thanks to these dividend announcements.
So it can make a lot of sense to invest in key income plays before the companies report earnings. That way, any good news that sends the stock higher, will automatically help you grow your wealth.
To kick off the week, our team has put together a list of 5G stocks that pay a dividend and are set to report over the next several trading sessions.
These are great companies for you to consider adding to your account to benefit from strong income payments and the potential to grow your wealth as shares trade higher.
Take a look!
5G Income Plays Reporting Earnings This Week
Xilinx Inc. (XLNX) — Xilinx is known for its versatile programmable computer chips which are in high demand as new 5G devices are sold. The company is set to report earnings on Wednesday after the market closes and the conference call is scheduled for 5:00 PM EST.
XLNX has paid a $0.37 dividend for the last four quarters. This leaves us with a current yield of $1.7%. Typically, the company has increased its dividend every year for its spring quarter, which makes this earnings announcement the perfect time for XLNX to announce a new increase to its dividend.
AT&T Inc. (T) — AT&T is one of the heavy hitters rolling out 5G networks in the U.S.. The company will report first quarter earnings on Wednesday morning, with the conference call scheduled for 8:30 AM.
AT&T currently pays a 52-cent quarterly dividend which leaves investors with a generous 6.7% yield. While I don’t expect the company to raise its dividend until early in 2021, any positive news about the company’s cash balance should help drive the stock higher. Meanwhile, the AT&T earns more than enough profit each quarter to continue growing its dividend.
Intel Corp. (INTC) — Intel is a well known computer chip company with plenty of opportunity as new 5G devices are manufactured. The company reports earnings on Thursday after the market closes, with a 5:00 PM EST conference call.
It was only last quarter when INTC increased its quarterly dividend to $0.33. This gives us a current yield of about 2.2%. While INTC probably won’t increase its dividend two quarters in a row, management’s discussion about new demand from workers at home and new 5G devices could be a catalyst for the stock.
Verizon Communications (VZ) — Verizon is another power player for 5G networks. The company will report earnings on Thursday morning, and host its conference call at 8:30 AM EST.
With a quarterly dividend of 61.5 cents, VZ currently pays a 4.2% yield. I don’t expect the company to increase its dividend until the October payment. But if the company reports strong results in rolling out 5G to its customers, the stock could get a boost.
With so many key 5G companies reporting earnings this week — and so many management teams filling investors in on how business is going, I expect many stocks in the 5G area to have a big week!
It’s Not Too Early to Start Thinking About Next Week
Not only is this an important week for 5G income stocks, there are also several key names scheduled to report earnings next week.
Corning Incorporated (GLW) makes a broad range of electronics… many of which will integrate new 5G connectivity. The company reports earnings on April 28 before the open. Last quarter, GLW increased its dividend to $0.22, giving the stock a 4.2% yield
Juniper Networks (JNPR) is a communications equipment maker, putting the company square in the 5G growth cycle. The company reports earnings on April 28 after the close. Similar to JNPR, GLW just increased its quarterly dividend to $0.20. That adds up to a 3.5% yield.
American Tower Corp. (AMT) is one of my favorite 5G Cash opportunities. The company reports earnings on April 29 before the open. AMT has been steadily increasing its total payouts. Adding up the last four quarters of payments gives you a 1.8% yield. I expect that yield to go up as 5G profits grow.
Crown Castle Intl. (CCI) is another great 5G cash play. Management has scheduled the company’s earnings report to be posted April 29 after the close. The company will host its conference call at 10:30 AM EST on April 30. CCI currently pays a $1.20 quarterly dividend, good for a 2.9% yield.
Microsoft Corp. (MSFT) should benefit from consumers upgrading to devices that are 5G compatible and also from more cloud data storage. The company will report earnings on April 29 after the market closes. MSFT pays a $0.51 quarterly dividend and has increased that dividend each year for 18 consecutive years. The current dividend gives you a 1.1% yield but as the company continues to grow its dividend your yield will increase.
Qualcomm Inc. (QCOM) is another communications equipment maker that should see high demand for phones and other devices thanks to 5G. QCOM is scheduled to report earnings on April 29 after the market closes. The company pays a 62-cent dividend and is overdue to announce an increase in its payout to investors. So don’t be surprised if the company increases its dividend and the stock jumps after the announcement!
CorSite Realty Corp. (COR) is a real estate company that manages data centers around the country. 5G will naturally lead to more data being generated and more business for COR. The company will report earnings on April 30 before the market opens, and its conference call is scheduled for noon EST that day. The stock currently pays a $1.22 quarterly dividend which is good for a 4.1% yield.
Finally, National Instruments Corp. (NATI) will report earnings on the afternoon of April 30. The software company recently increased its quarterly dividend to $0.26. This gives investors a 2.8% yield. The stock has rebounded sharply from the March coronavirus low, and any positive information the management team shares should help this momentum continue.
So there you have it… As we get started on a new week, these are great names to put on your watch list, and to consider adding to your long-term income portfolio.
If you decide to invest in these 5G income plays, I would suggest adding them to your account before the earnings announcements. Otherwise, you could miss out on the initial gains following positive news from the company’s management team.
That’s all for today. But I’ll be back to you this week with new ideas for adding more income to your retirement.
Here’s to growing and protecting your wealth!