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
€38.15
-0.900%
The stock is one of the favorites of our community with 23 Buy predictions and 1 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 7.48% for Verizon Communications Inc. compared to the current price of 38.15 €.
