This also makes the dividend yield a great indicator of value. You will want to do your research to ensure that you have chosen wisely. Furthermore, the Verizon dividend appears safe from a potential reduction. Verizon stock began trading on July 3, 2000. AT&T is the safer bet of the two for stable profits throughout the 20s. Dividend at Risk. We do not anticipate the company cutting its dividend as it is well-covered by both metrics. Over the last 10 years, the dividend has climbed to $2.39. Additionally, Verizon has a decent amount of debt. Verizon Communications Inc. (VZ) Dividend Safety metrics. Its debt-to-equity ratio is 1.6, and its debt-to-EBITDA (earnings before interest, taxes, depreciation and amortization) ratio is more than 2. Find the latest dividend history for Verizon Communications Inc. Common Stock (VZ) at Nasdaq.com. At current prices, it yields an attractive 4.22%. The dividends have been adjusted to account for any stock splits that have occurred. To learn more about Marc’s books, check out our Best Finance Books. Verizon (NYSE: VZ) is one of those companies affected by the tighter model. BREAKING: Dow Futures Rise, Tech Futures Tumble Amid Georgia Election Count. Verizon has had to incur a fair amount of debt to finance these initiatives, but the huge free cash flow generated by its various businesses means its 4.3% dividend is extremely safe. The information and content are subject to change without notice. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. Though taxed as such, dividends are not true income. He joins 'The Exchange' to discuss. Verizon Communications Inc.(NYSE:VZ): The investing landscape is tough given lofty stock prices, a weak economy, and looming unknowns like the election. 7 Safe High-Yield Dividend Stocks Delivering 4% or More These seven high-yield dividend stocks have sturdy foundations, according to the DIVCON dividend-health … Under normal circumstances, Verizon’s dividend would be considered rock solid. Improved Dividend Safety Check. Verizon Communications, Inc. (VZ), is the featured stock in May’s Safest Dividend Yields Model Portfolio. You can unsubscribe at any time. It’s important to note that the dividend is safe. Dividend.com: The #1 Source For Dividend Investing. It has $100 billion in long-term debt. Verizon Communications (VZ) has weathered the coronavirus bear market better than peer AT&T (T) while both dividend-paying telecom stocks are holding up better than the general market. It is well covered by earnings and cash flow. As an example: If you bought AT&T on 6/23/2015, you paid $35.91 It closed on 10/26/18 at $29.09 For that time period, you have a paper loss of $6.82 per share. Is T-Mobile Stock A Buy? After all, the #1 stock is the cream of the crop, even when markets crash. A higher yield is generally better for buyers. Verizon's historical key to success has been delivering reliable wireless and wireline services over the best communications network in the country. Your email is safe with us. Get these newsletters delivered to your inbox & more info about our products & services. Description: Marc appears on Fox Business’ Mornings With Maria segment to discuss Gary Cohn’s resignation. Track the latest news and stocks to watch in the telecom industry, including AT&T, Verizon and T-Mobile. The dividend also looks safe when you look at cash flow. ExxonMobil kept its dividend flat at $0.87 per share, the first time since 2002. Your free report will be delivered to your inbox. IBD has a new program for students that teaches personal finance and investing. If free cash flow comes in just a little above expectations, the dividend safety rating will get an upgrade. Dividend.com: The #1 Source For Dividend Investing. Although, Verizon might still be a good income investment. VZ's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! After all, the #1 stock is the cream of the crop, even when markets crash. Verizon Communications Inc.(NYSE:VZ): Now is the time for safer stocks given the rise of the Coronavirus. In fact, the stimulus package states that any company that receives bailout money must suspend stock buybacks and dividend payments until its loans are paid back to the government. Verizon is one of the most reliable dividend payers in the S&P 500. And (perhaps just as important) Verizon is close to virus-proof. At its current yield in the 7% range, AT&T is a better income stock than Verizon (NYSE: VZ), whose yield is in the 4% range. The extra cash flow will primarily be used to reduce the company’s leverage, further strengthening its dividend safety. Verizon has had to incur a fair amount of debt to finance these initiatives, but the huge free cash flow generated by its various businesses means its 4.3% dividend is extremely safe. Until then, due to the crisis, the dividend has to be considered only moderately safe. In early 2018, Marc released his second book, You Don’t Have to Drive an Uber in Retirement: How to Maintain Your Lifestyle without Getting a Job or Cutting Corners, which hit No. 7 Safe High-Yield Dividend Stocks Delivering 4% or More These seven high-yield dividend stocks have sturdy foundations, according to the DIVCON dividend-health … Many investors look at the Payout Ratio to determine dividend safety. After getting his start on the trading desk at Carlin Equities, he moved over to Avalon Research Group as a senior analyst. Verizon generated over $6.6 billion in operating cash flow during the March quarter. Verizon has paid uninterrupted dividends for over 30 consecutive years and has raised its dividend for 12 consecutive years. Companies like Verizon Communications, Inc. (VZ), AbbVie, Inc. (ABBV), KB Financial Group, Inc. (KB) pay solid dividends and their stocks are well-positioned to soar in the near-to-mid-term. Verizon Communications Inc. (VZ) Dividend Safety metrics. Check it out! Verizon Communications has a 4.3% dividend yield and has increased its dividend for nine years in a row. Chris Lange. Their anxiety developed after reading several articles online that suggested Verizon’s dividend was no longer sustainable because the company’s free cash flow did not cover it last year. ExxonMobil kept its dividend flat at $0.87 per share, the first time since 2002. Category: Radio/Podcast Verizon pays out a little more than half its profits as dividends. Category: Television "AT&T and Verizon are currently yielding 500 basis points over 10-year treasuries, versus a 5-year average closer to 300 basis points," Morgan Stanley analyst Simon Flannery said in a note to clients Wednesday. Verizon Communications (VZ), is the featured stock in November’s Safest Dividend Yields Model Portfolio. Get market updates, educational videos, webinars, and stock analysis. *Real-time prices by Nasdaq Last Sale. Verizon’s dividend coverage ratio—its net income divided by its dividend payout—stands at a healthy 1.91. That is what you will find with AZN, ENB, PM, VZ and the rest. Verizon Wireless's products include wireless voice and data services as well as tool sales. By submitting your email address, you will receive a free subscription to Wealthy Retirement, and offers from us and our affiliates that we think might interest you. But let's dig deeper to find safe dividend stocks that also provide ample upside potential. But we are not under normal circumstances, and the company’s payout ratio is just a little too high in our new conservative model. - I am long Verizon and plan t To learn more about SafetyNet Pro and The Oxford Income Letter, click here now. Six weeks ago, those figures would have been well within my comfort zone. Verizon’s long history of paying dividends makes it one of the best dividend stocks around. Date: March 22, 2018 How Safe Is Verizon's Juicy Dividend? Date: March 22, 2018 Under normal circumstances, it would receive an “A” rating for dividend safety. When Financhill publishes its #1 stock, listen up. | 877.808.9795 | 443.353.4621 | 105 W Monument Street | Baltimore, MD 21201. There will likely be a large number of downgrades. Verizon is one of my long term holdings dating back to the initial purchase in 2003. In 2008, Verizon stock and AT&T stock plunged amid the collapse of Lehman Brothers and other global financial turmoil. Meanwhile, shares in highly levered Dish Network (DISH) have plunged more than 50% amid the coronavirus-driven market correction. His readers include teachers... engineers... sound technicians... real estate investors... financial advisors... business developers... law enforcement officers... people from all walks of life. Verizon is one of my long term holdings dating back to the initial purchase in 2003. Shares in AT&T have dropped 15% since Feb. 20, as the coronavirus sell-off picked up momentum. In … Analysts expect Verizon’s earnings to rise 3.2% this year. My Path Forward With Verizon Stock. As a result, we are becoming much more conservative in our parameters. IBD Live: A New Tool For Daily Stock Market Analysis, Find Compelling Growth Stocks With IBD's Stock Of The Day, View Breakout Stocks & Technical Analysis, Best Growth Stocks To Buy And Watch: See Updates To IBD Stock Lists. With it, you can determine the dividend safety Score of 89 suggests that the company is one my. We are becoming much more conservative in our parameters debt to do so, can! S TheStreet 52 % are looking for a number of safe stocks that are likely to paying... Year to $ 2.39 to … how safe is at & T, Verizon scores 93. Stock was trading as Bell Atlantic and income strategies from our experts students that teaches Finance... Paying dividends makes it one of the two for stable profits throughout 20s! -- but is verizon dividend safe 's a very strong bet true income suggests that the company have. Satellite TV broadcaster DirecTV Group after all, but that puts the ’... 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