How To Earn $1,000 Per Month From Verizon Communications Inc. Stock
Portfolio Pulse from Shankar Iyer
Verizon Communications Inc. (NYSE:VZ) stock has seen a 52-week range between $30.135 and $44.73, closing at $37.33 on Dec. 12. The company reported a dividend expense of $8.2 billion for the first nine months of 2023, with a dividend yield of 7.24%. To earn $1,000 per month from dividends, an investment of approximately $165,746 is required, equating to 4,440 shares at the current stock price. The article explains how dividend yield is calculated and how it can change with stock price fluctuations and dividend payment adjustments.
December 19, 2023 | 6:30 pm
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Verizon's stock has a high dividend yield of 7.24%, and the company has maintained a consistent dividend payout, increasing it slightly from the previous year. Investors seeking income through dividends might find VZ attractive, potentially increasing demand for the stock.
The article highlights Verizon's strong dividend yield and the investment needed to generate a specific monthly income from dividends. This information is directly relevant to VZ and could influence investor perception positively, especially among those focused on dividend income. The confidence score is high due to the clear data provided on dividend payouts and yield.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100