Shares of Verizon (VZ 1.53%) have been hammered over the past year, but the good news is that the dividend yield is now over 7%. In this video, Travis Hoium answers just how much stock you need to own to make $10,000 each year in dividends and how that payout may change over time. 

*Stock prices used were end-of-day prices of Sept. 19, 2023. The video was published on Sept. 20, 2023.