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Verizon’s Big Share-Price Drop Opens Opportunity for 6.8% Dividend Yield

publication date: Dec 27, 2022
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Image: Verizon’s shares have been punished, but this has opened an opportunity for a 6.8% dividend yield. Image Source: TradingView. 

With Verizon’s dividend hike to $0.6525 per quarter in September this year, 2022 has marked the 16th consecutive year of a dividend increase. Shares yield ~6.8% at the time of this writing. Though we wouldn’t be looking to add Verizon’s shares to the simulated Best Ideas Newsletter portfolio or simulated Dividend Growth Newsletter portfolio at this time, it may be worth a look for high yield and income investors. Its big share-price drop has made its dividend a head-turner.


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