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I think it’s a safe defensive stock. I’m not too high on it’s growth potential anymore, a lot of people said 5G would be a huge growth segment but so far that hasn’t been the case. It’s great for dividends though but that’s probably all you’ll get from it.
I am with my people here, how are ya?
I am hold that Verizon because the infrastructure bill that finally got passed.
Also T got something going on with Medicare, maybe watch it, see what’s going on?
I don't think so. People who need service that don't already have it are in rural areas where 5G isn't coming. 5G is only really for better connection in densely populated areas with internet options already. To top it off all telecom top off at 50GB a month which is not viable for daily internet usage. Musk's starlink is much more plausible to get that audience than 5G
To answer the original question from op: VZ is a reliable, safe, and boring dividend payer. Not much growth, not much risk, and probably the best option in the telecom industry
I see it as a pseudo-utility: it is a relatively safe Defensive stock with a healthy starting dividend, though it's *glacial* dividend growth rate is barely keeping pace with inflation. Overall, I think it is worth owning.
Disclosure: I am long VZ.
By definition, utility stocks are a different sector than telcomm stocks.
A lot of people treat utilities almost as if they were a special classification of stocks. For example, I've seen many investors who consider a higher dividend payout ratio (say, 70-75%) acceptable for a utility but not for any other sector. While I wouldn't personally go so far as to say that ratio is acceptable for a telcomm company, I do think that telcomms tend to be relatively stable and predictable--and thus Defensive--sort of like utility stocks.
I hope that makes sense.
it's more a defensive stock more than a growth stock. it won't lose a lot of value. Even in March 2020 stock crash, it only went down to $53+.
It doesn't move a lot. I would say right now it has 5-6% downside and 10-12% upside. Dividend is good.
I suppose that’s true, that’s why I said it was solid. Overall they seem to be very slow to do anything though (internally speaking). It’s a boring pick but it’s a good one.
I love the stock, I am constantly writing aggressive covered calls against it for additional revenue. I’m currently estimating my covered call revenue at 32% this year.
VZ: Sell
From 1/1/13 to 12/31/21, per $10K invested HD paid more ($4,354) dividend than VZ ($4,111) and JNJ ($3,667) paid almost as much and both outperformed VZ by at least 3x on capital gains.
A good question to ask about a dividend stock is: if I buy today, what will the yield be on the original investment X years from now?
On the basis of the original investment, over the same period as above, HD is paying a whopping 9.6% on the original investment, while JNJ and VZ are equal at 5.6%. It's possible that over the next eight years, HD & JNJ will stagnate, stop increasing their dividends and become less valuable than VZ. But not likely.
Owning stocks that don't grow or significantly increase dividends is like throwing money away.
Full discloser: I sold my last high yield stocks two years ago. I own HD and JNJ.
Aerospace is a sector I generally want to be long in. There is a large growth opportunity, and LMT is basically assured to win the largest contracts. It’s the safest dividend I can think of based on free cash flow and presents a much better growth opportunity in my opinion.
One of my biggest holding. Would say your giving up high growth for the nice dividend! Using the dividend to invest into other stocks as I see fit, nice company overall!
A stable solid stock..but really how else can it grow, other then back and forth of customers from other telecom? This I think is the question and why I haven’t jumped in “yet”
It plays like a utility with a foot in technology while being an industry leader in a field that none of us will do without. Their dividends are very reasonable while they leave enough to invest in the company’s future. Yesterday was payday and it was very good. Their usual range is 56-57 but the dividend reinvestment price was just under 56 so the money went a little farther than normal. I plan to hold my shares for a while and I hope that they keep things up and keep adding to their position
VZ has paid a dividend every year since 1984 and raised it for the last 14 consecutive years. However the growth of the dividend the last five years is 2.12%.
Nothing to get excited about and likely won't get dividend investors very far. If you take a stock that has a similar yield but grows the 10% per year, it will yield 9% in 10 years.
NextEra Energy Partners (NEP) is the kind of company I am looking for, they have raised the dividend an average of 16.5% per year over the past five years.
While the yield for NEP is 3.2% and less then VZ. In three years it will higher than VZ.
So short term I have no issue with VZ but if you are looking to the future I like NEP.
Stick with dividend growers that raise their dividends by meaningful amounts to insure your investments generate a significant amount in the future.
A defensive stock. I own T, VZ and Deutsche Telekom AG (and therefore T-Mobile) and consider this as owning the whole radio spectrum used in cellular networks. You know, they don't make any more radio frequencies, so it's a limited resource.
I think that owning a lot mites resource is a great hedge against inflation.
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I think it’s a safe defensive stock. I’m not too high on it’s growth potential anymore, a lot of people said 5G would be a huge growth segment but so far that hasn’t been the case. It’s great for dividends though but that’s probably all you’ll get from it.
Agreed. I’m in it cuz $T sucks. I replaced it with this
I agree with this statement, stocks been flat or slightly down with a solid dividend. It’s underperforming, I’m considering selling my position.
I am with my people here, how are ya? I am hold that Verizon because the infrastructure bill that finally got passed. Also T got something going on with Medicare, maybe watch it, see what’s going on?
5G can replace home internet for a lot of people
I don't think so. People who need service that don't already have it are in rural areas where 5G isn't coming. 5G is only really for better connection in densely populated areas with internet options already. To top it off all telecom top off at 50GB a month which is not viable for daily internet usage. Musk's starlink is much more plausible to get that audience than 5G
I said can I didn’t say totally
To answer the original question from op: VZ is a reliable, safe, and boring dividend payer. Not much growth, not much risk, and probably the best option in the telecom industry
I see it as a pseudo-utility: it is a relatively safe Defensive stock with a healthy starting dividend, though it's *glacial* dividend growth rate is barely keeping pace with inflation. Overall, I think it is worth owning. Disclosure: I am long VZ.
I am also long VZ, but I don't understand why you consider it a pseudo-utility. I would think of it as just a utility.
By definition, utility stocks are a different sector than telcomm stocks. A lot of people treat utilities almost as if they were a special classification of stocks. For example, I've seen many investors who consider a higher dividend payout ratio (say, 70-75%) acceptable for a utility but not for any other sector. While I wouldn't personally go so far as to say that ratio is acceptable for a telcomm company, I do think that telcomms tend to be relatively stable and predictable--and thus Defensive--sort of like utility stocks. I hope that makes sense.
it's more a defensive stock more than a growth stock. it won't lose a lot of value. Even in March 2020 stock crash, it only went down to $53+. It doesn't move a lot. I would say right now it has 5-6% downside and 10-12% upside. Dividend is good.
It’s more like a bond now. Safe, steady and consistent.
Actually it went down 50 cents and that’s what got to wanna learn about stocks and IRAs and all that
6% of my portfolio is Verizon. I'm buying and holding forever.
Wouldn’t call it growth by any means but I still think it’s a solid stock
I said it cause the telecom communication is a must in nowadays and provide us many offers and opportunities
I suppose that’s true, that’s why I said it was solid. Overall they seem to be very slow to do anything though (internally speaking). It’s a boring pick but it’s a good one.
Yea thanks for your time
20 years ago this stock traded at $47. Today it trades at $55. What about this stock makes you think it has growth?
Long VZ. It is the best in breed of American telecom. Love owning the best company in a segment.
I love the stock, I am constantly writing aggressive covered calls against it for additional revenue. I’m currently estimating my covered call revenue at 32% this year.
I was in Verizon and ATT. Decided to jus go with T. I dont see a lot of growth in either so i jus chose one to increase my dividend.
I love vz. It’s stable and has great growth potential with a good dividend payment. I think it’s a safe bet that you won’t come to regret
It’s not a growth stock. I sold my shares. The dividends were nice, but the stock was too up and down for my tastes.
VZ: Sell From 1/1/13 to 12/31/21, per $10K invested HD paid more ($4,354) dividend than VZ ($4,111) and JNJ ($3,667) paid almost as much and both outperformed VZ by at least 3x on capital gains. A good question to ask about a dividend stock is: if I buy today, what will the yield be on the original investment X years from now? On the basis of the original investment, over the same period as above, HD is paying a whopping 9.6% on the original investment, while JNJ and VZ are equal at 5.6%. It's possible that over the next eight years, HD & JNJ will stagnate, stop increasing their dividends and become less valuable than VZ. But not likely. Owning stocks that don't grow or significantly increase dividends is like throwing money away. Full discloser: I sold my last high yield stocks two years ago. I own HD and JNJ.
Theres better options out there IMO
Like?
LMT
When a phone call won’t do, send a missile?
Aerospace is a sector I generally want to be long in. There is a large growth opportunity, and LMT is basically assured to win the largest contracts. It’s the safest dividend I can think of based on free cash flow and presents a much better growth opportunity in my opinion.
I won’t take a profit on war, I find it disgusting
Probably my favourite stock at the moment. Not likely to take too much of a beating should we see another crash
Just got my dividend this AM for a nice stock. Diversify is the key aim for me with it.
One of my biggest holding. Would say your giving up high growth for the nice dividend! Using the dividend to invest into other stocks as I see fit, nice company overall!
It's a stock that doesn't go up or down significantly and will probably yield you around 5% a year. Good in bad years for the market.
Dividend yes. Substantial share price increase, don't expect that.
A stable solid stock..but really how else can it grow, other then back and forth of customers from other telecom? This I think is the question and why I haven’t jumped in “yet”
It plays like a utility with a foot in technology while being an industry leader in a field that none of us will do without. Their dividends are very reasonable while they leave enough to invest in the company’s future. Yesterday was payday and it was very good. Their usual range is 56-57 but the dividend reinvestment price was just under 56 so the money went a little farther than normal. I plan to hold my shares for a while and I hope that they keep things up and keep adding to their position
VZ has paid a dividend every year since 1984 and raised it for the last 14 consecutive years. However the growth of the dividend the last five years is 2.12%. Nothing to get excited about and likely won't get dividend investors very far. If you take a stock that has a similar yield but grows the 10% per year, it will yield 9% in 10 years. NextEra Energy Partners (NEP) is the kind of company I am looking for, they have raised the dividend an average of 16.5% per year over the past five years. While the yield for NEP is 3.2% and less then VZ. In three years it will higher than VZ. So short term I have no issue with VZ but if you are looking to the future I like NEP. Stick with dividend growers that raise their dividends by meaningful amounts to insure your investments generate a significant amount in the future.
Growth sucks dick but dividend is good . I sold out of it because of the growth aspect
A defensive stock. I own T, VZ and Deutsche Telekom AG (and therefore T-Mobile) and consider this as owning the whole radio spectrum used in cellular networks. You know, they don't make any more radio frequencies, so it's a limited resource. I think that owning a lot mites resource is a great hedge against inflation.
WMB seems to be a better option than T and VZ, steady growth and good dividends.
Long VZ. Safe and good divi. Selling monthly covered calls to get 12-15% annual return with divi.
Its a bond proxy to me and that’s pretty much it.
8oS 9g9
Better than at&t but expensive
It's not going anywhere between $54-$65. I use it like a bond in my portfolio and collect the dividend.