Investing in dividend stocks is an excellent way to generate passive income.
Verizon (VZ -0.53%) pays a strong dividend that attracts income investors. That said, those investors will want to know how sustainable the 5G company's nearly 7% dividend yield is for the long term.
*Stock prices used were the afternoon prices of Nov. 25, 2022. The video was published on Nov. 27, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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