Verizon strengthens dividend reliability through debt optimization and 5G expansion
From Yahoo Finance: 2025-06-22 04:56:00
Verizon Communications Inc. (NYSE:VZ) is one of the 10 best dividend stocks according to Jim Cramer. Raymond James maintains a Buy rating for Verizon, highlighting debt optimization and 5G expansion. The company has over 146 million subscribers and a strong presence in various regions.
Verizon launched its network slice in over 20 new markets, totaling 50 markets nationwide. Additionally, private exchange offers were initiated for ten series of outstanding notes, optimizing debt structure. Raymond James reiterated a Buy rating with a price target of $47 on June 17, 2025.
Verizon offers a dividend yield of 6.28% with a sustainable payout ratio of 64.23%. Investors buying before July 10, 2025, will benefit from the dividend payment on August 1, 2025. While VZ shows investment potential, other AI stocks may offer greater upside with less risk.
For more information on dividend stocks, check out “10 Best Dividend Stocks for a Bear Market” and “10 Best Dividend Stocks to Buy for Dependable Dividend Growth.” No disclosures were provided in the article.
Read more: Verizon Strengthens Dividend Reliability with Debt Optimization and 5G Expansion