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Is Verizon's 8% Dividend Yield Safe for Passive Income Investors?


Fool.com contributor Parkev Tatevosian evaluates 's (NYSE: VZ) financial position to determine if it can sustain this dividend yield in the long run.

*Stock prices used were the afternoon prices of July 18, 2023. The video was published on July 20, 2023.

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Source Fool.com

Verizon Communications Inc. Stock

€36.12
-0.400%
Verizon Communications Inc. shows a slight decrease today, losing -€0.145 (-0.400%) compared to yesterday.
The stock is one of the favorites of our community with 22 Buy predictions and 1 Sell predictions.
With a target price of 40 € there is a slightly positive potential of 10.76% for Verizon Communications Inc. compared to the current price of 36.12 €.
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