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.
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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
NYSE: VZ
Verizon Communications
Market Cap
$167B
Today's Change
(1.17%) $0.46
Current Price
$39.68
Price as of April 26, 2024, 4:00 p.m. ET
Passive income investors can reasonably expect this dividend stock to increase the dividend payment in the long run.
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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