Better Dividend Stock: Verizon vs. American Express
Verizon's payout raises have been consistent, but they haven't been anything to write home about. The quarterly payment is up by just 19.9% over the past 10 years. Verizon's wireless phone business isn't growing fast, but broadband is picking up the slack. Second-quarter wireless service revenue rose just 2.2% year over year, but the company expanded total broadband connections by 12.2% year over year to 12.9 million. Investors looking for ways to boost their passive income stream recently saw encouraging r ...