Enjoy a 6.0% yield from Verizon Stock

Enjoy a 6.0% yield from Verizon Stock

The high payout provides a solid income for investors, as the current yield is not only exceptional but also backed by an 18-year track record of consecutive increases.

Verizon’s stock is also relatively cheaply valued, yet it’s in a strong market position that generates stable… Read More

Dividend Advisor Hotline – Friday, August 2, 2024

CANADIAN NATIONAL RAILWAY CO., $155.73, Toronto symbol CNR, remains a buy for long-term gains.

CN operates Canada’s largest railway. Its 30,250-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

The company last raised your quarterly dividend… Read More

Enjoy a high 6.6% yield Verizon

Enjoy a high 6.6% yield Verizon

Verizon has now completed major upgrades to its wireless networks. Those upgrades should help it attract new users. As well, the lower capital spending bodes well for dividend increases.

The shares are also attractively priced as the stock trades at just 8.8 times the company’s 2024… Read More

Lower capital spending frees up cash

These two U.S. telecom firms have now completed major upgrades to their wireless networks. Those upgrades should help them attract new users. As well, the lower capital spending bodes well for dividend increases.
AT&T INC. $17 is a buy. The company (New York symbol T; Income-Growth Portfolio, Utilities… Read More

Verizon attracts more users

VERIZON COMMUNICATIONS INC. $41 is a buy. The telecom provider (New York symbol VZ; Income Portfolio, Utilities sector, Shares outstanding: 4.2 billion; Market cap: $172.2 billion; Price-to-sales ratio: 1.3; Dividend yield: 6.5%; TSINetwork Rating: Average; www.verizon.com) is the second-largest wireless carrier in the U.S. after AT&T (New York… Read More