If You Invest $500 a Month in This High-Yield Dividend Stock, Here's the Dividend Income It Could Produce Over 10 Years (Spoiler: It's More Than $23,000)
It helps that this stock is already yielding almost 6% -- and that its payout has been growing over time.
Overview
Verizon Communications (NYSE: VZ) is a blue chip stock worth considering -- especially if you're seeking dividend income. Its recent dividend yield was a fat 6%. Let's see how much income you might collect from the telecommunications giant.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.