Oct 18, 2024
 in 
Hot Stocks 🔥

Generous Dividends At Verizon, A ‘Buy’ | Nemo

Name of opportunity: 👀

Verizon Communications, Inc

Big dividend payouts: 💸

Verizon has been consistent when it comes to paying dividends, which is great for income-focused investors. The company has increased its dividend payout for 18 consecutive years, too. Right now, the yield is 6.01% which is above average. If you invested $1000, you would be paid $60.10 a year in dividends (based on the last 12 months).

How hot is this investment opportunity? 🔥🔥🔥

Analysts predict the price of Verizon Communications Inc. will increase from $44.13 to $44.78 in the next 12 months. If you invested $1000, you might profit $16.21.

While this would be a modest increase of 1.62%, it’s still an indicator that investors believe Verizon should be priced higher than it is. 

Verizon has been in the news today, announcing a deal with United States Cellular. Verizon will buy some of the mobile network operator’s spectrum licences for $1 billion. ‘Spectrum’ assets refers to radio frequencies used for mobile phone signals and high speed data services. Verizon is already the largest wireless carrier in the US, and this will expand its network capacity. Over the course of the day, the value of the stock has gone up with a slight increase of 0.52%.

Hey, how are you?: 📱

Verizon Communications Inc. is a holding company. The company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies. It is the world's second-largest telecommunications company by revenue, and its mobile network has over 14 million subscribers. 

Which neme?: 🔍

‘Low Volatility Stocks’, ‘Top Dividend Paying Stocks’

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Han Tan

Han Tan is Chief Market Analyst at Nemo.money, bringing over a decade of experience in financial markets as both a seasoned journalist and analyst. Known for his sharp insights into stocks, currencies, and commodities, Han has become a familiar face to national audiences through appearances on Bloomberg TV Malaysia, BFM 89.9, and NTV7 — earning him a trusted reputation in financial media. Before joining Nemo, Han served as Market Analyst at Exinity Group from 2019, where his commentary on macroeconomic trends and market-moving news was regularly featured by global outlets including Reuters, Bloomberg, CNN, BBC, and AFP. Today, Han brings that same clarity and depth to Nemo’s community, delivering content-led ideas that empower first-time investors to confidently navigate global markets.