(08-25-2021, 07:26 PM)fenders53 Wrote: That's a more than good enough return for 25 years. My guess is VZ best growth years are behind them but they are probably still OK in the proper %. I wouldn't advise a young person to make it a core position, or even buy it without a solid dip. But stocks like VZ won't look so bad when high beta ports get clipped 50%.
I'm not sure I have ever owned VZ shares but on dips I sell a few puts and have potential exposure for a month and grab a full quarter's worth of dividends quickly. Same as I do with other safe and boring DIV stuff like HRL when it hits my end of the range. Half of my port is a real snoozer lol.
yea, i'd say vz is a solid "okay" investment, nothing fancy, won't make your portfolio explode in any direction--so essentially no real growth but i don't remember getting that hammered in the great recession either, or the dot com bust for that matter. it's, well...really boring then once in a great while it'll return 20% plus then go back to where ever it came from lol
imho, it's the debt load that holds it down--it's payout it 50 to 52%...i'd rather see it drop that down to 20 to 30% and get rid of that debt but that ain't happening....vz shareholders might see a pop after at&t's divi drops after their media spinoff
i also own some at&t...i might add to it just for that new company coming in 2022....if one looks at the content quality, it's a desirable one imho....
when one looks at these communications companies, T and VZ are the biggest backbones then tMobile....their fiber network and their wireless frequency ownership is the network we all use even if we don't realize it
DEBT kills T and VZ
for the record, i use t-mobile, my wife uses verizon and all my other family members is a mismatch of vz and at&t.....all i can say is everyone is mad at me lol