Verizon Dividend Yield Pushes Past 7%

Group 1 - Verizon Communications shares are yielding above 7% based on its quarterly dividend of $2.76, with stock prices as low as $39.41 [1] - Historically, dividends have contributed significantly to the total return of the stock market, exemplified by the S&P 500 ETF performance from 1999 to 2012, where dividends provided a positive total return despite a decrease in share price [1] - Verizon has been growing its dividend for over 20 consecutive years, indicating a strong history of dividend growth [4] Group 2 - Dividend amounts are generally unpredictable and fluctuate with company profitability, making it essential to assess the sustainability of Verizon's current 7% yield [2] - The company is classified as an S&P 500 company, which enhances its status among large-cap companies [1]