VZ - Want Dividends? Check Out These 3 Stocks
2024-07-17 18:32:00 ET
Dividends are a fantastic way to create passive income and are a prudent piece of any portfolio. The appeal of dividend stocks is they offer two potential routes for income generation. For one, you have the dividends, which are an indication of a financially strong business that can return value to shareholders. The second is the potential for the company's stock to gain value over time. Let's look at three dividend-focused investments that have offered strong payouts through time.
In an indispensable industry, with tough barriers to entry, Verizon (NYSE: VZ) makes a compelling dividend play at 6.4%. Even with slower growth, Verizon's free cash flow leaves plenty of capital for the company to continue paying its current dividend.
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Want Dividends? Check Out These 3 Stocks