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.

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Source Fool.com