Verizon Dividend Yield Tops 7%: What Investors Need to Know
Verizon Communications stock now yields over 7% based on its $2.76 annual dividend. The telecommunications giant has grown its dividend for 20+ consecutive years. Discover whether this high yield represents a buying opportunity for income investors.
Verizon Communications Inc (NYSE:VZ) has crossed a significant threshold for income investors, with its dividend yield pushing past 7% as shares traded as low as $39.41 during Monday’s session. This substantial yield, based on the company’s quarterly dividend annualized to $2.76 per share, places the telecommunications giant among the highest-yielding components of the S&P 500 Index. According to recent analysis from Forbes contributors, such yield levels warrant careful examination of both opportunity and sustainability factors that could impact total returns for dividend-focused portfolios.
