The Easiest 5% Dividend Yield You May Ever Find
Dividends are such a valuable financial tool; they can be reinvested to boost your investment returns, or you can use them to pay your bills and living expenses without selling any of your stock. Dividends come in all shapes and sizes, and U.S. telecom company Verizon Communications (NYSE: VZ) happens to offer a big one.
Buy shares today, and you'll receive five percent of your investment back each year as the company pays you every quarter. But a dividend is only reasonable to you if it's reliable; here is why you can take Verizon's dividend to the bank.
Verizon is among a small group of companies that control the telecommunications industry in the United States. Its wireless network has roughly 115 million connections (some people may have more than one device connected). Verizon's services go beyond cellphones and include landline telephone and internet for consumers and businesses.
Source Fool.com
