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Is Verizon's 8% Dividend Yield Safe for Passive Income Investors?

TheMotleyFool 
0 0 21.07.23
Is Verizon's 8% Dividend Yield Safe for Passive Income Investors?: https://g.foolcdn.com/editorial/images/740582/verizon-8-diviend-yield.png
 

Fool.com contributor Parkev Tatevosian evaluates 's (NYSE: VZ) financial position to determine if it can sustain this dividend yield in the long run.

*Stock prices used were the afternoon prices of July 18, 2023. The video was published on July 20, 2023.

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Source Fool.com

Verizon Communications Inc. Stock

€38.69
3.920%
Verizon Communications Inc. dominated the market today, gaining €1.46 (3.920%).
With 21 Buy predictions and 1 Sell predictions Verizon Communications Inc. is one of the favorites of our community.
As a result the target price of 42 € shows a slightly positive potential of 8.56% compared to the current price of 38.69 € for Verizon Communications Inc..
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