Where Will Verizon Communications Be in 5 Years?
Telecommunications company Verizon Communications (NYSE: VZ) is the largest wireless carrier in the United States, with over 37% of the market. The company is also an outstanding dividend stock with a 6.2% dividend yield today and an ongoing streak of 18 consecutive annual dividend raises.
So, if you're looking for passive income to cover your living expenses or to reinvest and supercharge your portfolio's compounding, Verizon is a great candidate for you right now.
But what about moving forward? The telecom industry is notoriously competitive among the few companies that dominate the U.S. market, and there's a constant need to spend to maintain and upgrade the vast infrastructure that makes wireless communications work.
Source Fool.com
Verizon Communications Inc. Aktie
34,83 €
1,55 %
Die Verizon Communications Inc. Aktie verzeichnet starke Buy-Einschätzungen ohne jegliche Sell-Einschätzungen.
Das Community-Kursziel von 43 € für Verizon Communications Inc. deutet auf eine deutliche Steigerung um mehr als 20% gegenüber dem aktuellen Kurs von 34.83 € hin.
