Should Investors Buy AT&T Instead of Verizon?

By Parkev Tatevosian, CFA – Apr 10, 2024 at 7:00AM

NYSE: T

AT&T

Market Cap

$122B

Today's Change

(1.61%) $0.27

Current Price

$17.02

Price as of April 29, 2024, 4:00 p.m. ET

These telecom stocks offer passive income investors dividend yields above 6%.

Fool.com contributor Parkev Tatevosian compares AT&T (T 1.61%) to Verizon (VZ 1.03%) to determine which is a better dividend stock for passive income investors.

*Stock prices used were the afternoon prices of April 7, 2024. The video was published on April 9, 2024.

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.