Verizon Communications
VZ (NYSE)
Verizon Communications (VZ) stands out as a reliable high dividend stock, making it particularly appealing for long-term income investors. With a substantial dividend yield of approximately 6.87% and a median 12-month price target set at $47.50, analysts maintain a B+ rating, reflecting cautious optimism despite the stock's 4.51% return over the past year and a notable 30.42% decline over the last five years. However, investors should be mindful of the company's high debt levels and substantial capital expenditures, which have contributed to its recent underperformance.
Pros:
- Reliable high dividend stock
- Strong market position
Cons:
- High debt levels
- Underperformance in recent years
Verizon Communications (VZ) may be suitable for income-focused investors seeking high dividend yields, given its attractive 6.87% dividend and steady B+ analyst rating. However, potential investors should consider the company's significant debt and recent performance trends, particularly its long-term decline, before making investment decisions.