Want Dividends? Check Out These 3 Stocks
Dividends are a fantastic way to create passive income and are a prudent piece of any portfolio. The appeal of dividend stocks is they offer two potential routes for income generation. For one, you have the dividends, which are an indication of a financially strong business that can return value to shareholders. The second is the potential for the company's stock to gain value over time. Let's look at three dividend-focused investments that have offered strong payouts through time.
In an indispensable industry, with tough barriers to entry, Verizon (NYSE: VZ) makes a compelling dividend play at 6.4%. Even with slower growth, Verizon's free cash flow leaves plenty of capital for the company to continue paying its current dividend.
Source Fool.com
Verizon Communications Inc. Stock
Verizon Communications Inc. is currently one of the favorites of our community with 11 Buy predictions and no Sell predictions.
With a target price of 43 € there is a slightly positive potential of 7.74% for Verizon Communications Inc. compared to the current price of 39.91 €.
