Better Passive Income Stock: Verizon vs. AT&T

Some investors focus on growth; others seek out stocks that can deliver passive income. Today, let's focus on two well-known passive income stocks from the telecom sector: Verizon Communications (VZ -0.10%) and AT&T (T -0.44%).Which is the better passive income stock right now? Here's what I think. Verizon CommunicationsThe company's stock enjoyed a 2024 that's been solid but not all that spectacular, with shares up about 5% year to date. Add to that the hefty $2.71 annual dividend -- representing a yield o ...