Reported 2 days ago
Verizon Communications Inc. (NYSE:VZ) remains a solid choice among the 'Dogs of the Dow' due to its 6.3% high dividend yield, backed by strong financial results. In Q2, Verizon's revenue grew by 5.3% to $34.5 billion, with wireless service revenue leading the industry at $20.9 billion. The company added over 300,000 new customers and generated $16.8 billion in operating cash flow, comfortably covering its $5.7 billion in dividends. With a history of 18 consecutive annual dividend increases, Verizon offers a reliable income stream for investors.
Source: YAHOO