Dividends4Life: Top Dow Dividend Stock Is Outperforming The Market, Has Strong Growth, Estimates Rising

This stock has outperformed the market over the past year, quarter and year-to-date. It has grown net income by over 50%, operating cash flow by over 27% and EPS by over 17% in the past four quarters. It has received multiple upward EPS estimate revisions in the past 30 days, and has beaten estimates for the past four quarters. Looking for a safe haven in this volatile market? Several of our recent articles have profiled some Dividend Aristocrats which have been outperforming.

This article will focus on AT&T's rival, Verizon, (NYSE:VZ), which also has been outperforming the market over the past year, quarter and year to date. In fact, VZ also has outperformed AT&T so far in 2016, and is the top performing stock among the Dow 30 stocks in 2016, gaining over 9%. Although VZ doesn't have a high dividend growth rate, management has raised the dividend every year for the past nine years. The increase generally occurs in October. With its outperformance, VZ is only around 1% below its 52-week high, and is right around analysts' mean price target of $50.71.

Source: Seeking Alpha

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