Verizon's Stock Pays You 7.6% to Own It. Should You Buy the Stock?
Verizon Communications (NYSE: VZ) is one of the few tech stocks to sport an ultra-high dividend yield. Hovering around 7.6%, it's also quite enticing, as the dividend yield is approaching the long-term return of the broader market.
However, there's more that potential investors should know about Verizon these days -- significant challenges the company has been facing for some time. Investors should have a fuller picture before diving in.
Verizon is one of North America's top wireless network providers and is often compared to peer AT. These two comprise about 75% of the total market, with Verizon capturing about 30% as of first-quarter 2023.
Source Fool.com
Verizon Communications Inc. Stock
€37.92
-0.300%
With 23 Buy predictions and 1 Sell predictions Verizon Communications Inc. is one of the favorites of our community.
As a result the target price of 41 € shows a slightly positive potential of 8.12% compared to the current price of 37.92 € for Verizon Communications Inc..
