Better Buy: AT&T vs. Verizon Stock
Telecom giants AT (NYSE: T) and Verizon Communications (NYSE: VZ) are staples for many passive income investors, and for good reason. Both companies have a rich tradition of returning an outsize portion of their free cash flow to shareholders via regular quarterly payouts.
To wit: AT stock presently sports a rather generous 6.8% annualized dividend yield, while Verizon's dividend yield clocks in even higher at 7.2%. So which of these blue chip dividend stocks is the better stock to own right now? Read on to find out.
Jeremy Bowman (Verizon): AT and Verizon have both been stock market losers in recent years. The two telecom giants have lost market share to T-Mobile US and have struggled to grow.
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 10.96% for Verizon Communications Inc. compared to the current price of 37.85 €.