Post by lookingforatenbagger on Jun 14, 2023 18:06:44 GMT
Thanks to its continually falling price Verizon is now the highest yielding DOW stock. Is it time to grab the falling knife?
"The telecommunications giant has increased its dividend for 16 consecutive years. In announcing the latest dividend hike earlier this year, Verizon CEO Hans Vestberg said Verizon is "the strongest cash-generating company in the industry."
The only real question is, "Can Verizon maintain its dividend?" If it can, IMHO it's a great buy.
www.fool.com/investing/2023/06/14/should-you-buy-the-3-highest-paying-dividend-stock/?source=eptyholnk0000202
"The telecommunications giant has increased its dividend for 16 consecutive years. In announcing the latest dividend hike earlier this year, Verizon CEO Hans Vestberg said Verizon is "the strongest cash-generating company in the industry."
The only real question is, "Can Verizon maintain its dividend?" If it can, IMHO it's a great buy.
www.fool.com/investing/2023/06/14/should-you-buy-the-3-highest-paying-dividend-stock/?source=eptyholnk0000202