Verizon: Another High-Yield Telecom For Current Income
- Verizon is a dividend achiever which has raised dividends for 10 years in a row. It has a dominant position with rival AT&T in US telecom space.
- Verizon offers a high yield of over 4%, which is very appealing for those seeking high income today. Shares are cheap, possibly due to low expected EPS growth.
- Dividend income is expected to barely keep up with inflation over time, which is why it is a pass for those with longer term time-frames.