2 Ultra-High-Yield Dividend Stocks to Buy in 2024
Buying cash-generating businesses when their dividend yields are high and their stock prices are low is a time-tested strategy for amassing wealth in the stock market. If you're interested in implementing this approach in your own portfolio, here are two stocks to consider investing in today.
Verizon (NYSE: VZ) is a popular stock among income-seeking investors. It's easy to see why. The telecom giant's shares are currently offering an enticing 6.5% yield on your investment dollars.
As people spend more time online, 5G wireless and broadband internet services are quickly becoming necessities. Verizon, which has garnered a reputation for fast and reliable service among businesses and consumers alike, is a leader in these increasingly indispensable areas.
Source Fool.com
Verizon Communications Inc. Stock
We see a rather positive sentiment for Verizon Communications Inc. with 20 Buy predictions and 1 Sell predictions.
With a target price of 42 € there is a slightly positive potential of 12.18% for Verizon Communications Inc. compared to the current price of 37.44 €.
