Top High Dividend Stocks to Buy Now
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 38 minutes ago
0mins
Source: Fool
- Enterprise Products Partners: With a forward distribution yield of 6.1% and a history of 27 consecutive years of dividend increases, Enterprise Products Partners demonstrates a strong position in the U.S. natural gas and liquids transportation market, likely continuing to attract investor interest.
- Pfizer: Pfizer offers an attractive dividend yield of approximately 7.2% and has paid dividends for 350 consecutive quarters; despite facing a patent cliff, multiple projects in its pipeline, particularly an obesity drug expected to launch in 2028, could yield significant returns in the future.
- Verizon Communications: Verizon boasts a forward dividend yield of 6.2% and has increased its dividend for 19 consecutive years; despite recent challenges, its free cash flow grew by 4% in Q1 2023, with expectations of reaching $21.5 billion in 2026, indicating strong financial recovery potential.
- Market Competitive Edge: All three companies exhibit robust competitive advantages in their respective sectors, with Enterprise leveraging its extensive pipeline network and capital projects, Pfizer capitalizing on its diverse product lineup and R&D pipeline, and Verizon positioning itself in broadband services and future 6G networks, providing stable income sources for investors.
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Analyst Views on VZ
Wall Street analysts forecast VZ stock price to rise
14 Analyst Rating
4 Buy
10 Hold
0 Sell
Moderate Buy
Current: 46.070
Low
43.00
Averages
46.42
High
51.00
Current: 46.070
Low
43.00
Averages
46.42
High
51.00
About VZ
Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, technology, information and streaming products and services to consumers, businesses and government entities. Its Consumer segment provides wireless and wireline communications services. It also provides fixed wireless access (FWA) broadband through its 5G or 4G Long-Term Evolution (LTE) networks portfolio. The Company's Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and advanced communication services, corporate networking solutions, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things (IoT) services and products. It provides these products and services to businesses, public sector customers and wireless and wireline carriers across the U.S. and a subset of these products and services to customers around the world.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
BT and Verizon to Merge International Operations into Joint Venture
- Joint Venture Formation: BT Group and Verizon have agreed to merge their international enterprise operations into a 50:50 joint venture, aimed at transforming global connectivity, expected to serve over 3,000 customers across more than 180 countries, generating approximately $4 billion in annual revenue.
- Equal Voting Rights: Both BT and Verizon will hold equal voting rights in the new joint venture, with Verizon agreeing to pay BT an equalization payment of $625 million to ensure fairness in their partnership.
- Leadership Appointment: Martijn Blanken has been appointed as the CEO-designate of the new joint venture, contingent upon the completion of the transaction, while Clive Selley will continue to lead BT International as CEO, ensuring continuity in BT International's ongoing transformation.
- Transaction Completion Timeline: The transaction is expected to complete in 2027, marking a significant step in the integration of BT and Verizon in the global market, aimed at enhancing both companies' competitiveness and service capabilities internationally.
See More
Top High Dividend Stocks to Buy Now
- Enterprise Products Partners: With a forward distribution yield of 6.1% and a history of 27 consecutive years of dividend increases, Enterprise Products Partners demonstrates a strong position in the U.S. natural gas and liquids transportation market, likely continuing to attract investor interest.
- Pfizer: Pfizer offers an attractive dividend yield of approximately 7.2% and has paid dividends for 350 consecutive quarters; despite facing a patent cliff, multiple projects in its pipeline, particularly an obesity drug expected to launch in 2028, could yield significant returns in the future.
- Verizon Communications: Verizon boasts a forward dividend yield of 6.2% and has increased its dividend for 19 consecutive years; despite recent challenges, its free cash flow grew by 4% in Q1 2023, with expectations of reaching $21.5 billion in 2026, indicating strong financial recovery potential.
- Market Competitive Edge: All three companies exhibit robust competitive advantages in their respective sectors, with Enterprise leveraging its extensive pipeline network and capital projects, Pfizer capitalizing on its diverse product lineup and R&D pipeline, and Verizon positioning itself in broadband services and future 6G networks, providing stable income sources for investors.
See More
Dow Jones Index Adjustment: Google Replaces Verizon
- Dow Jones Component Change: The Dow Jones Industrial Average undergoes its 54th adjustment in history, with Google parent Alphabet replacing Verizon, reflecting market preference for high share prices and growth potential, as Alphabet's $345.29 share price positions it as the sixth most influential company, enhancing the index's economic representation.
- Reasons for Verizon's Replacement: Verizon's 22-year tenure in the Dow saw only a 36% increase in share price, with its $45.68 share price accounting for just 0.5% of the Dow's weighting, indicating low market influence and leading to its removal.
- Alphabet's Market Performance: Since its debut in 2004, Alphabet's stock has surged nearly 13,700%, capturing over 90% of the global search engine market, while its Google Cloud platform achieved 63% sales growth in Q1, showcasing its strong market position and growth potential.
- Nike's Risk: Nike's share price fell below $42 on June 24, putting its 13-year tenure in the Dow at risk, primarily due to its direct-to-consumer strategy harming relationships with wholesalers and intensified competition in China, indicating that without swift improvements, it may face removal.
See More
Dow Jones Index Adjustment: Google Replaces Verizon
- Dow Jones Component Change: Alphabet, Google's parent company, officially joins the Dow Jones Industrial Average on June 29, replacing the underperforming Verizon, which has only gained 36% since its addition in 2004, indicating its marginalization in high-yield portfolios.
- Verizon's Low Influence: Verizon's share price of $45.68 accounts for just 0.5% of the Dow, and its low stock price and mediocre performance have significantly diminished its influence within the index, prompting its removal.
- Alphabet's Strong Performance: In stark contrast, Alphabet's shares have surged nearly 13,700% since its 2004 debut, with a price of $345.29 making it the sixth most influential company in the Dow, enhancing the index's representation of the U.S. economy.
- Nike's Risk: Nike's stock fell below $42 on June 24, and its 13-year tenure in the Dow may soon end, primarily due to its direct-to-consumer strategy weakening relationships with wholesalers, while international sales have suffered from intensified competition.
See More
BT Group Lowers Annual Guidance Amid Joint Venture
- Annual Guidance Revision: BT Group announced a 50:50 joint venture with Verizon to merge their international operations, leading to a downward revision of its fiscal 2027 adjusted EBITDA forecast to £8.1 billion to £8.2 billion, down from £8.2 billion to £8.3 billion, reflecting strategic adjustments in international market consolidation.
- Revenue Forecast Adjustment: The company now expects adjusted revenue for fiscal 2027 to be between £17.1 billion and £17.6 billion, significantly lower than the previous forecast of £19 billion to £19.5 billion, which will impact overall financial performance and future investment decisions.
- Capital Expenditure Outlook: BT Group anticipates capital expenditures for fiscal 2027 to be between £4.2 billion and £4.3 billion, slightly down from around £4.3 billion previously, indicating a focus on capital efficiency following the establishment of the new joint venture.
- Dividend Growth Commitment: Despite the financial forecast adjustments, BT Group reaffirmed its annual total dividend growth guidance, expecting low-to-mid-single-digit growth, demonstrating the company's ongoing commitment to shareholder returns.
See More
BT and Verizon Form 50:50 Joint Venture for International Operations
- Joint Venture Formation: BT and Verizon announced a 50:50 joint venture aimed at serving multinational clients, combining $4 billion in annual revenue, marking a strategic shift for BT in the international market.
- Financial Arrangement: Verizon will pay BT an equalization payment of $625 million, ensuring both companies have equal voting rights in the new venture, which enhances the stability and fairness of the collaboration.
- Customer Reach: The new joint venture will serve over 3,000 customers across more than 180 countries, demonstrating the strong influence and service capabilities of both companies in the global market.
- Executive Appointment: Martijn Blanken has been appointed as the CEO-designate of the new company, set to join BT Group on September 1, 2026, tasked with driving the launch and operations of the joint venture, further strengthening the partnership between the two firms.
See More
BT and Verizon to Merge International Operations into Joint Venture
- Joint Venture Formation: BT Group and Verizon have agreed to merge their international enterprise operations into a 50:50 joint venture, aimed at transforming global connectivity, expected to serve over 3,000 customers across more than 180 countries, generating approximately $4 billion in annual revenue.
- Equal Voting Rights: Both BT and Verizon will hold equal voting rights in the new joint venture, with Verizon agreeing to pay BT an equalization payment of $625 million to ensure fairness in their partnership.
- Leadership Appointment: Martijn Blanken has been appointed as the CEO-designate of the new joint venture, contingent upon the completion of the transaction, while Clive Selley will continue to lead BT International as CEO, ensuring continuity in BT International's ongoing transformation.
- Transaction Completion Timeline: The transaction is expected to complete in 2027, marking a significant step in the integration of BT and Verizon in the global market, aimed at enhancing both companies' competitiveness and service capabilities internationally.
See More
Top High Dividend Stocks to Buy Now
- Enterprise Products Partners: With a forward distribution yield of 6.1% and a history of 27 consecutive years of dividend increases, Enterprise Products Partners demonstrates a strong position in the U.S. natural gas and liquids transportation market, likely continuing to attract investor interest.
- Pfizer: Pfizer offers an attractive dividend yield of approximately 7.2% and has paid dividends for 350 consecutive quarters; despite facing a patent cliff, multiple projects in its pipeline, particularly an obesity drug expected to launch in 2028, could yield significant returns in the future.
- Verizon Communications: Verizon boasts a forward dividend yield of 6.2% and has increased its dividend for 19 consecutive years; despite recent challenges, its free cash flow grew by 4% in Q1 2023, with expectations of reaching $21.5 billion in 2026, indicating strong financial recovery potential.
- Market Competitive Edge: All three companies exhibit robust competitive advantages in their respective sectors, with Enterprise leveraging its extensive pipeline network and capital projects, Pfizer capitalizing on its diverse product lineup and R&D pipeline, and Verizon positioning itself in broadband services and future 6G networks, providing stable income sources for investors.
See More
Dow Jones Index Adjustment: Google Replaces Verizon
- Dow Jones Component Change: The Dow Jones Industrial Average undergoes its 54th adjustment in history, with Google parent Alphabet replacing Verizon, reflecting market preference for high share prices and growth potential, as Alphabet's $345.29 share price positions it as the sixth most influential company, enhancing the index's economic representation.
- Reasons for Verizon's Replacement: Verizon's 22-year tenure in the Dow saw only a 36% increase in share price, with its $45.68 share price accounting for just 0.5% of the Dow's weighting, indicating low market influence and leading to its removal.
- Alphabet's Market Performance: Since its debut in 2004, Alphabet's stock has surged nearly 13,700%, capturing over 90% of the global search engine market, while its Google Cloud platform achieved 63% sales growth in Q1, showcasing its strong market position and growth potential.
- Nike's Risk: Nike's share price fell below $42 on June 24, putting its 13-year tenure in the Dow at risk, primarily due to its direct-to-consumer strategy harming relationships with wholesalers and intensified competition in China, indicating that without swift improvements, it may face removal.
See More
Dow Jones Index Adjustment: Google Replaces Verizon
- Dow Jones Component Change: Alphabet, Google's parent company, officially joins the Dow Jones Industrial Average on June 29, replacing the underperforming Verizon, which has only gained 36% since its addition in 2004, indicating its marginalization in high-yield portfolios.
- Verizon's Low Influence: Verizon's share price of $45.68 accounts for just 0.5% of the Dow, and its low stock price and mediocre performance have significantly diminished its influence within the index, prompting its removal.
- Alphabet's Strong Performance: In stark contrast, Alphabet's shares have surged nearly 13,700% since its 2004 debut, with a price of $345.29 making it the sixth most influential company in the Dow, enhancing the index's representation of the U.S. economy.
- Nike's Risk: Nike's stock fell below $42 on June 24, and its 13-year tenure in the Dow may soon end, primarily due to its direct-to-consumer strategy weakening relationships with wholesalers, while international sales have suffered from intensified competition.
See More
BT Group Lowers Annual Guidance Amid Joint Venture
- Annual Guidance Revision: BT Group announced a 50:50 joint venture with Verizon to merge their international operations, leading to a downward revision of its fiscal 2027 adjusted EBITDA forecast to £8.1 billion to £8.2 billion, down from £8.2 billion to £8.3 billion, reflecting strategic adjustments in international market consolidation.
- Revenue Forecast Adjustment: The company now expects adjusted revenue for fiscal 2027 to be between £17.1 billion and £17.6 billion, significantly lower than the previous forecast of £19 billion to £19.5 billion, which will impact overall financial performance and future investment decisions.
- Capital Expenditure Outlook: BT Group anticipates capital expenditures for fiscal 2027 to be between £4.2 billion and £4.3 billion, slightly down from around £4.3 billion previously, indicating a focus on capital efficiency following the establishment of the new joint venture.
- Dividend Growth Commitment: Despite the financial forecast adjustments, BT Group reaffirmed its annual total dividend growth guidance, expecting low-to-mid-single-digit growth, demonstrating the company's ongoing commitment to shareholder returns.
See More
BT and Verizon Form 50:50 Joint Venture for International Operations
- Joint Venture Formation: BT and Verizon announced a 50:50 joint venture aimed at serving multinational clients, combining $4 billion in annual revenue, marking a strategic shift for BT in the international market.
- Financial Arrangement: Verizon will pay BT an equalization payment of $625 million, ensuring both companies have equal voting rights in the new venture, which enhances the stability and fairness of the collaboration.
- Customer Reach: The new joint venture will serve over 3,000 customers across more than 180 countries, demonstrating the strong influence and service capabilities of both companies in the global market.
- Executive Appointment: Martijn Blanken has been appointed as the CEO-designate of the new company, set to join BT Group on September 1, 2026, tasked with driving the launch and operations of the joint venture, further strengthening the partnership between the two firms.
See More
