09-25-2022, 11:54 AM
VZ has returned 2.78% over the last 20 years, 4.94% over the last 10, and -3.77% over the last 5.
I held T way too long because of the dividend, and I see others doing the same now with VZ.
VZ is a capital-intensive business in a saturated market with increasing competition.
The dividend yield is nice, but with no growth, you are losing to inflation. It may still have a place in an income portfolio, but for those with longer time frames, I think there are better options.
I held T way too long because of the dividend, and I see others doing the same now with VZ.
VZ is a capital-intensive business in a saturated market with increasing competition.
The dividend yield is nice, but with no growth, you are losing to inflation. It may still have a place in an income portfolio, but for those with longer time frames, I think there are better options.