Is Verizon Stock a Buy?
Verizon(VZ) The Motley Fool·2024-12-13 18:43
This dusty dividend stock sports a high yield and a dirt-cheap valuation.Verizon (VZ 0.21%) is often considered a stable income play because it's one of the top telecom companies in the U.S. and pays a hefty forward dividend yield of 6.4%. But over the past five years, its stock actually declined more than 30%. Even after including reinvested dividends, it delivered a negative total return of 9%.Verizon lost its luster as it struggled with the sluggish growth of its core wireless business, declining margins ...