Verizon Communications offers income-focused investors a sustainable 6.5% dividend yield, generating $130.20 annually per share. With strong business fundamentals and 18 consecutive years of dividend increases, Verizon stands out as a reliable investment option. The company’s financial stability is evident in its highest-ever EBITDA and free cash flow in Q1 of fiscal 2025.

AT&T presents a solid 4.1% dividend yield, translating to $82.40 annually per share. With disciplined financial management and a dividend payout ratio of 68.1%, AT&T shows the potential for dividend growth. The company’s focus on reducing debt, revenue growth, and customer acquisitions positions it well for sustainable dividend payouts.

AbbVie, known for its Dividend King status, offers a 3.52% yield, paying $6.56 per share annually. Despite challenges post-Humira patent expiration, AbbVie’s successful diversification and strong sales from Skyrizi and Rinvoq demonstrate its resilience. Strategic investments in high-growth areas further solidify AbbVie’s position as a dividend-paying stock.

Investing $2,000 each in Verizon, AT&T, and AbbVie can generate a total of $282.60 in passive income annually. These companies not only provide reliable dividends but also showcase strong business models and a history of returning value to shareholders. For income investors seeking stability and growth, these stocks offer a compelling investment opportunity.

Read more at Yahoo Finance: All It Takes Is $2,000 Invested in Each of These High Dividend Stocks to Help Generate Over $280 in Passive Income Per Year