Topic: How To Invest

Dividend Advisor Hotline – Friday, September 17, 2021

Article Excerpt

VERIZON COMMUNICATIONS INC., $54.28, New York symbol VZ, is a buy. This U.S. telecom is the second-largest provider of wireless communication (cellphone) services in the U.S. after AT&T, with 121.33 million subscribers (consumers and businesses) as of June 30, 2021. The company is also a leading seller of traditional landline telephone access, along with Internet and TV services. In all, it has 20.1 million wireline customers. Verizon will raise your quarterly dividend with the November 2021 payment by 2.0%, to $0.64 a share from $0.6275. The new annual rate of $2.56 yields a high 4.7%. The company has now increased its dividend each year for the past 15 years. Including this latest rise, your Verizon dividend has increased an average of 2.1% annually over the past 5 years. The stock holds a Highest TSI Dividend Sustainability Rating. Verizon Communications recent coverage: Hotline for July 23, 2021 June 2021 issue MICROSOFT CORP., $299.87, Nasdaq symbol MSFT, remains a buy. Through their shares, investors directly tap the world’s largest…

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