Here's How Many Shares of Verizon Communications You Should Own to Receive $5,000 in Annual Dividend Income
Verizon Communications (NYSE: VZ) is known for many things. High-speed internet. An extensive network. Reliable coverage. But if you're an investor, probably the main thing you think of when Verizon is mentioned is the company's dividend.Because of its ultra-high dividend yield, Verizon is popular with income investors. You might be surprised how much income a not-too-huge stake in this telecommunications stock can generate. Here's how many shares of Verizon Communications you should own to receive $5,000 in annual dividend income.Image source: Verizon Communications.Continue reading
Verizon Communications (NYSE: VZ) is known for many things. High-speed internet. An extensive network. Reliable coverage. But if you're an investor, probably the main thing you think of when Verizon is mentioned is the company's dividend.
Because of its ultra-high dividend yield, Verizon is popular with income investors. You might be surprised how much income a not-too-huge stake in this telecommunications stock can generate. Here's how many shares of Verizon Communications you should own to receive $5,000 in annual dividend income.
Image source: Verizon Communications.
