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Barchart
Barchart
Sushree Mohanty

Here’s Why Verizon Stock Is a Buy for Income Investors in August

Verizon United States VZ

Telecom giant Verizon Communications (VZ) has built its reputation not as a high-growth stock but as a dependable income stock. Verizon offers one of the highest dividend yields among large-cap U.S. companies, at 6.7%, thanks to its predictable earnings and cash flows. With another strong quarter reported last week, Verizon strengthened its investment case as a must-buy dividend stock in August.

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