Looking for Dividends? Verizon's 7.1% Yield May Make It a Top Stock to Buy Right Now
Dividend investors come in all varieties, but most often, they are near retirement and trying to create a source of cash flow. Still, that doesn't disqualify younger investors from taking an interest in, or owning, Dividend stocks.
One of the most popular dividend stocks is Verizon Communications (NYSE: VZ), and for a good reason: It pays a 7.1% dividend yield. That's a hefty payout and better than many stocks offer, which makes it seem like a no-brainer stock to purchase.
But is it a good stock for all investors? Let's take a look.
Source Fool.com
Verizon Communications Inc. Stock
€37.44
-1.700%
Currently there is a rather positive sentiment for Verizon Communications Inc. with 29 Buy predictions and 8 Sell predictions.
As a result the target price of 40 € shows a slightly positive potential of 6.84% compared to the current price of 37.44 € for Verizon Communications Inc..
