Fool.com contributor Parkev Tatevosian discusses why this dividend stock is a good match for passive income investors.
*Stock prices used were the afternoon prices of Jan. 3, 2024. The video was published on Jan. 5, 2024.
1 Fantastic Dividend Stock Yielding 5.2% for Passive Income Investors to Buy in Bunches in 2024
By Parkev Tatevosian, CFA – Jan 5, 2024 at 5:00PM EST
NYSE: VZ
Verizon Communications
Market Cap
$172B
Today's Change
(-0.81%) $0.33
Current Price
$40.40
Price as of January 2, 2026 at 3:55 PM ET
Passive income investors can reasonably expect this dividend stock to increase the dividend payment in the long run.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Verizon Communications
NYSE: VZ
$40.40 (0.01%) $0.33
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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