Verizon: Low Growth Shouldn’t Worry Income Investors With A 6.6% Yield


  • Verizon stock boasts a forward dividend yield of 6.6%.
  • Income investors are likely underpinning its robust consolidation zone above the $40 level.
  • Verizon is focusing on convergence and GenAI opportunities to drive growth in its consumer business.
  • Verizon might not attract growth investors. However, it’s still a fundamentally strong company.
  • I explain why income investors shouldn’t be too concerned, supporting VZ’s valuation.
Verizon Wireless Store, Cheyenne, Wyoming


Verizon Stock: Strong Support Above $40

In my previous Verizon Communications (NYSE:VZ) article, I highlighted that VZ appeared to have consolidated well above the $40 support level. I indicated that VZ’s recovery has remained intact, suggesting that the

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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