Don’t Miss Out: Top 9 Alternatives to Verizon Communications That Outperform 7% Yield

Trending News 🌥️

Don’t miss out on the top nine alternatives to Verizon Communications ($NYSE:VZ), the American telecommunications conglomerate, that offer a higher yield than Verizon’s 7%. Verizon Communications is one of the most powerful and profitable companies in the telecommunications industry and is a global leader in providing innovative technologies. The company provides wireless services, internet services, digital television, and landline telephone services. Verizon’s dividend yield of 7% is among the highest in the telecom industry, but there are several stocks that offer even higher yields. Investors looking for higher yields should consider some of the alternatives to Verizon Communications. These alternatives include companies such as AT&T, Sprint, T-Mobile, CenturyLink, and Comcast. All of these companies have attractive yields that exceed Verizon’s 7%.

Additionally, these stocks are growing in popularity as investors seek to diversify their portfolios and capitalize on their high dividend yields. In addition to these alternative stocks, there are also some exchange-traded funds (ETFs) that offer investors the ability to invest in a basket of telecom stocks. These ETFs offer a diversified portfolio of telecom stocks and often have higher yields than Verizon’s dividend yield. Investing in these ETFs can provide investors with an opportunity to benefit from the high yields of the telecom sector without taking on too much risk. For investors looking for higher yields than Verizon Communications’ 7%, there are plenty of alternatives available. These alternatives offer investors the opportunity to diversify their portfolios and capitalize on the high dividend yields offered by the telecom sector. Investing in these alternatives can provide investors with the chance to benefit from higher yields with minimal risk.

Analysis

GoodWhale has conducted an in-depth analysis of VERIZON COMMUNICATIONS‘s fundamentals and has determined that it is a medium risk investment. Our Risk Rating system has taken into consideration the financial and business aspects of the company when assessing the risk. Furthermore, GoodWhale has detected 3 risk warning signs in the income sheet, balance sheet, and cashflow statement of VERIZON COMMUNICATIONS. If you would like to review these warnings in more detail, you can register as a user on our platform and access the exclusive data. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Verizon Communications. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Verizon Communications. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Verizon Communications. More…

Key Ratios Snapshot

Some of the financial key ratios for Verizon Communications are shown below. More…

Peers

Verizon Communications Inc is a leading telecommunications, Internet, and television provider in the United States. It has a wide range of competitors, including AT&T Inc, T-Mobile US Inc, America Movil SAB de CV. Each of these companies has its own strengths and weaknesses, but Verizon is generally considered to be a leader in the industry.

– AT&T Inc ($NYSE:T)

AT&T Inc. is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world’s largest telecommunications company, the second largest provider of mobile telephone services, and the largest provider of fixed telephone services in the United States through AT&T Communications. Since June 14, 2018, it also owns the media conglomerate WarnerMedia, making it the world’s largest entertainment company in terms of revenue. As of 2021, AT&T is ranked #9 on the Fortune 500 rankings of the largest United States corporations by total revenue.

AT&T Inc. has a market cap of 110.74B as of 2022 and a Return on Equity of 12.91%. AT&T is the world’s largest telecommunications company and the second largest provider of mobile telephone services. The company also owns the media conglomerate WarnerMedia, making it the world’s largest entertainment company in terms of revenue.

– T-Mobile US Inc ($NASDAQ:TMUS)

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 79 million customers as of the end of 2019. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices; and accessories that are manufactured by various suppliers. In addition, the company offers its services to business and government customers; and wholesale customers, such as mobile virtual network operators and other telecommunications carriers. T-Mobile US, Inc. was founded in 1994 and is headquartered in Bellevue, Washington.

– America Movil SAB de CV ($OTCPK:AMXVF)

America Movil SAB de CV, also known as Telcel, is a Mexican telecommunications company headquartered in Mexico City, Mexico. As of 2022, it is the largest mobile network operator in Mexico, with a market share of approximately 70%. Telcel also provides fixed-line, broadband, and pay TV services in Mexico. The company was founded in 1972 and is a subsidiary of America Movil.

Summary

Verizon Communications is an American telecommunications company that offers a variety of services, including wireless and fixed-line telecommunication services. When it comes to investing analysis, Verizon is currently offering a 7% dividend yield, which is below the yield of the industry. Investors may want to consider some alternative investments, such as Preferred Stock, MLPs, REITs, bonds, and high-yield savings accounts, that could potentially offer higher yields than Verizon’s 7%.

These alternatives could offer more attractive returns, as well as greater safety and stability due to their different risk profiles. Investors should carefully weigh the risks and rewards of each option in order to make an informed decision.