Dow Dividend Stock #2 – Verizon (VZ)
Market Cap: $83.8 billion
Annual Dividend: $1.90
Dividend Yield: 6.3%
In September of 2009, Verizon’s Board approved a quarterly dividend increase of 3.3% as a sign that the company was getting back on track. This
marked the third consecutive year of a Verizon (VZ) quarterly
dividend increase. As Verizon
sells the iPhone this summer it should see continued success. And even if it takes a while to prime the pump, shareholders can take comfort in
VZ’s high dividend yield of over 6%.
Top 10 High Yield Dividend Stocks in the Dow
Article printed from InvestorPlace Media, http://investorplace.com/2010/04/high-yield-dividend-stocks-dow-jones/.
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