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Quite a bit, relative to its share price. For premium support please call: 800-290-4726 more ways to reach us
In September, Verizon increased its dividend for the 18th straight year. It was a modest 1.9% increase but over the past decade, the telecom company has increased its payout by 23%. With Verizon ...
Still, Verizon sports a mouthwatering 6.6% dividend yield, making it one of the highest-yielding stocks in the Dow Jones. Its elevated payout ratio of 99% is an important cautionary note, however.
For premium support please call: 800-290-4726 more ways to reach us
Verizon's dividend serves as a reliable source of passive income, given its 18 straight years of increases. It also sports an impressive forward-dividend yield of 6.5% as of Nov. 7.
Verizon's shares pay a modestly higher yield of 6.84% but with a 100% payout ratio, which could limit future dividend growth. Near-term outlook: 5G and fiber expansion
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Verizon Communications enhanced shareholders’ returns by announcing a 2% increase in its quarterly dividend payout. The company’s board of directors approved a quarterly dividend of $0.6275 ...