This 6.5%-Yielding Dividend Stock Offers Income Certainty in Uncertain Times

There's a lot of uncertainty these days. The Trump administration's tariff policy has spooked the markets, sparking fears we could be heading toward a recession. Economic downturns typically cause businesses and consumers to pull back on spending, hurting corporate profits. That can cause some companies to cut their dividends. However, tariffs and a potential economic downturn shouldn't have much impact on Verizon (NYSE: VZ). The telecom giant produces fairly durable cash flow because it provides vital wireless and broadband services to consumers and businesses. Because of that, the company's monster 6.5%-yielding dividend is safe, offering investors a bankable return amid all the uncertainty.Verizon generates a lot of recurring revenue as businesses and consumers pay their wireless and broadband bills. The company generated $33.5 billion of revenue during the first quarter of this year, up 1.5%, including an industry-leading $20.8 billion in total wireless service revenue (up 2.7%). Continue reading

Apr 23, 2025 - 23:36

This 6.5%-Yielding Dividend Stock Offers Income Certainty in Uncertain Times

There's a lot of uncertainty these days. The Trump administration's tariff policy has spooked the markets, sparking fears we could be heading toward a recession. Economic downturns typically cause businesses and consumers to pull back on spending, hurting corporate profits. That can cause some companies to cut their dividends.

However, tariffs and a potential economic downturn shouldn't have much impact on Verizon (NYSE: VZ). The telecom giant produces fairly durable cash flow because it provides vital wireless and broadband services to consumers and businesses. Because of that, the company's monster 6.5%-yielding dividend is safe, offering investors a bankable return amid all the uncertainty.

Verizon generates a lot of recurring revenue as businesses and consumers pay their wireless and broadband bills. The company generated $33.5 billion of revenue during the first quarter of this year, up 1.5%, including an industry-leading $20.8 billion in total wireless service revenue (up 2.7%).