How much is Verizon dividend?

Is Verizon a good dividend stock?

Verizon stock trades at just 10.6 times estimated 2021 earnings and pays a 4.5% dividend yield, and could grow its business significantly as 5G rolls out and home broadband service is added nationwide. … That’s why Verizon is a dividend stock I‘ll keep in my portfolio.

How many times a year does Verizon pay dividends?

The quarterly dividend is payable on November 1, 2021, to Verizon shareholders of record at the close of business on October 8, 2021. This is the 15th consecutive year Verizon’s Board has approved a quarterly dividend increase.

Does Warren Buffett own Verizon stock?

Legendary investor Warren Buffett, who is one of Apple’s largest shareholders, made a multi-billion dollar bet on Verizon in the fourth quarter. According to a filing made public on Tuesday, Buffett’s Berkshire Hathaway bought almost 147 million shares of Verizon (worth $8 billion at current prices).

Why did Warren Buffett buy Verizon?

The first is “cash is king.” Buffett enjoys investing in companies with strong earnings. Secondly, he’s a value-seeking investor. Verizon seems to tick both of these boxes and can also be considered a provider of essential services, which makes it suitable for both value and dividend investors.

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Did Verizon pay dividends in 2020?

BASKING RIDGE, N.J., June 02, 2021 (GLOBE NEWSWIRE) — The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 62.75 cents per outstanding share, consistent with the previous three quarters. … The company made $10.23 billion in cash dividend payments in 2020.

How safe is Verizon dividend?

Verizon’s 4.3% Dividend Yield Is Safe as 2021 Gets Underway | The Motley Fool.

Does Verizon pay dividends?

(VZ) will begin trading ex-dividend on July 08, 2021. A cash dividend payment of $0.627 per share is scheduled to be paid on August 02, 2021. Shareholders who purchased VZ prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that VZ has paid the same dividend.

How much did Warren Buffet pay for Verizon?

Verizon climbs 4% after Warren Buffett reveals nearly $9 billion investment. Verizon rose as much as 3.8% on Wednesday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the telecom firm.

What stocks has Buffett sold?

Warren Buffett Is Selling These Stocks

  • U.S. Bancorp (NYSE: USB) Number of Hedge Fund Holders: 41. …
  • Chevron Corporation (NYSE: CVX) Number of Hedge Fund Holders: 50. …
  • AbbVie Inc. (NYSE: ABBV) …
  • General Motors Company (NYSE: GM) Number of Hedge Fund Holders: 86. …
  • Bristol-Myers Squibb Company (NYSE: BMY)

How much Verizon stock did Warren Buffett buy?

Strangely for Berkshire Hathaway, Buffett’s initial stake of 147 million shares in Verizon was so large that, on today’s valuation, the company represents the 7th largest stock holding on the investment vehicle’s portfolio.

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