Better High-Yield Dividend Stock: AbbVie vs. Verizon Communications
If you are looking for a reliable source of income from your investments, you might be interested in high-yield dividend stocks. These are stocks that pay out a large percentage of their earnings to shareholders in the form of dividends.
However, not all high-yield stocks are created equal. Some may have unsustainable payouts, declining businesses, or high debt levels that could jeopardize their dividends in the future. Therefore, it is important to do your homework and pick high-quality companies that can maintain or grow their dividends over time.
Healthcare giant AbbVie (NYSE: ABBV) and telecom behemoth Verizon Communications (NYSE: VZ) are two popular high-yield dividend stocks. Both are well-known names in their respective industries, and both offer extremely attractive yields right now. But which one is a better buy for dividend investors? Let's take a closer look at each company to see how they stack up.
Source Fool.com
Verizon Communications Inc. Stock
The stock is one of the favorites of our community with 23 Buy predictions and 1 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 8.05% for Verizon Communications Inc. compared to the current price of 37.95 €.
