1 Top Dow Dividend Stock to Buy for Passive Income in June

From Yahoo Finance: 2025-06-08 18:26:00

Verizon stands out as a top dividend stock with a yield of over 6%, triple the average of Dow stocks. The company generates ample cash flow to cover dividends and invest in growth, with a strong balance sheet for financial flexibility. Last year, Verizon produced $36.9 billion in cash flow and $19.8 billion in free cash flow after investments. The telecom giant aims to reduce leverage and increase dividends, with plans to strengthen its network and acquire Frontier Communications. With growing free cash flow, Verizon is set to continue increasing its high-yielding dividend, making it an attractive option for investors seeking reliable income.



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