Source: Chas Redmond, via Wikimedia Commons. Dividend investors have flocked to telecom stocks for decades, with the reliable income these companies generate generally producing substantial payouts for loyal shareholders. Frontier Communications counts itself among the top-yielding dividend stocks in the market, but until last week many investors worried about its capacity to sustain that payout. Frontier's history over the past several years includes two major dividend cuts that togetherlopped nealy 60% off its previous quarterly payout. Moreover, with regional telecom alternatives Windstream and CenturyLink also available as attractive dividend plays, investors need to understand what sets Frontier apart. Let's look closely at two things every dividend investor should know about Frontier Communications right now. 1. Frontier just boosted its dividend.