How Much Will Verizon Pay Out in Dividends This Year?
Often, companies with high, sustainable cash flow are generous dividend payers. That's indisputably the case with telecom sector incumbent (NYSE: VZ), which has a massive base of regular customers providing a thick and steady stream of greenbacks.
With this pile, Verizon pays a high-yield dividend that has attracted more than a few investors to the stock. Let's pick the payout apart.
Verizon dispenses its payout once every quarter. The current disbursement is just under $0.67 per share, for a yield of 6.6%.
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 11.07% for Verizon Communications Inc. compared to the current price of 37.82 €.