Verizon Communications Inc. (NYSE:VZ) Should Be In Your Dividend Portfolio, Here’s Why

Verizon Communications Inc. (NYSE:VZ) is a true Dividend Rock Star. Its yield of 4.1% makes it one of the market’s top dividend payer. In the past ten years, Verizon Communications has also grown its dividend from $1.84 to $2.41. Below, I have outlined more attractive dividend aspects for Verizon Communications for income investors who may be interested in new dividend stocks for their portfolio.

Verizon Communications’s dividend yield stands at 4.1%, which is on the low-side for Telecom stocks. But the real reason Verizon Communications stands out is because it has a proven track record of continuously paying out this level of dividends, from earnings, to shareholders and can be expected to continue paying in the future. This is a highly desirable trait for a stock holding if you’re investor who wants a robust cash inflow from your portfolio over a long period of time. Verizon Communications’s strong dividend attributes make it, without a doubt, a stock dividend investors should be considering for their portfolios.

Source: Simply Wall St.

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