Better Buy: CenturyLink Inc. vs. Verizon Communications Inc.
Telecoms are the bread and butter of solid retirement portfolios. Because the capital requirements to building out nationwide networks are so onerous -- and the service these companies provide so necessary -- they make for protected money-printing machines once established.
That means outsized dividends. The two communications companies we're focused on today, Verizon (NYSE: VZ) and CenturyLink (NYSE: CTL), have such payouts -- yielding 4.7% and 14.7%, respectively. For investors, it might seem like money actually is growing on trees.
Image source: Getty Images.
Source: Fool.com
Verizon Communications Inc. Stock
€36.83
0.740%
With 21 Buy predictions and 1 Sell predictions Verizon Communications Inc. is one of the favorites of our community.
As a result the target price of 40 € shows a slightly positive potential of 8.61% compared to the current price of 36.83 € for Verizon Communications Inc..
