Buy 6.6% Yielding Verizon Before The Fed Cuts Rates
VZVerizon(VZ) Seeking Alpha·2024-08-10 01:28
hapabapaTelco businesses have historically been seen as an attractive income vehicle for dividend-oriented returns, often compared to bond-like investments. Even as the major players' top-line growth generally peaked, with analysts now expecting sluggish 2% to 4% annual growth, the companies still offer attractive investment profiles, particularly with their stable, high single-digit dividend yields. Price Development (Seeking Alpha)In spite of that, following the Fed's 525 basis points rate hikes to co ...