A 6% Dividend Yield You Don’t Want to Pass Up

A 6% Dividend Yield You Don’t Want to Pass Up

Verizon‘s (NYSE: VZ) stock hasn’t gone anywhere for years, but it may be ready to turn a corner in 2024. Free cash flow is improving and the company has the opportunity to pay down debt to save even more cost on interest payments. In this video, Travis Hoium breaks down how Verizon can be a great stock to own long term.

*Stock prices used were end-of-day prices of April 4, 2024. The video was published on April 7, 2024.

Should you invest $1,000 in Verizon Communications right now?

Before you buy stock in Verizon Communications, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Verizon Communications wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $539,230!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of April 8, 2024

Travis Hoium has positions in Verizon Communications and Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

A 6% Dividend Yield You Don’t Want to Pass Up was originally published by The Motley Fool