Verizon Communications Inc. (NYSE:VZ) is included among the 12 Most Promising Dividend Stocks According to Wall Street Analysts.
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Verizon Communications Inc. (NYSE:VZ) is a New York-based telecommunications company that also offers home internet services to its consumers. Considering the company’s scale, its revenue hasn’t grown above 6% in the last 15 years, which isn’t working in its favor. In addition, analysts are expecting a modest increase of about 3% in its revenue this year and the next.
That said, Verizon Communications Inc. (NYSE:VZ) has other positive aspects worth noting. In the second quarter of 2025, the company added 278,000 new fixed wireless access subscribers, bringing its total to more than 5.1 million. With this momentum, it appears on track to reach its next goal of 8 to 9 million subscribers by 2028. Its cash position is also stable, as it generated nearly $9 billion in free cash flow in the first half of 2025. The company now expects its free cash flow to be in the range of $19.5 billion to $20.5 billion for FY25. This projected cash flow would be able to cover the company’s dividend comfortably, which makes it a strong option for income investors. Moreover, it would also strengthen the company’s position in terms of its debt.
Verizon Communications Inc. (NYSE:VZ)’s dividend is already growing. In fact, the company has raised its dividend for 19 years in a row. Its dividend payments amount to nearly $12 billion annually, which demonstrates its ability to continue shareholder returns. Verizon offers a quarterly dividend of $0.69 per share and has a dividend yield of 6.68%, as of October 8.
While we acknowledge the potential of VZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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