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Monday, May 22, 2017

RECENT BUY: Verizon Communication Inc (NYSE: VZ)

WE RECENTLY PURCHASED THE FOLLOWING


Verizon Communications Inc (VZ)
Purchased 15 shares of VZ on 5/17/2015 at $44.88
Total money spent: $673.20
$34.65 added to annual dividends

Since our purchases of Verizon Communications Inc (VZ) today were shares in a company that we already owned, our family's Dividend Stocks Portfolio remains the same with a total of 59 different dividend paying stocks/ETFs in the portfolio.

Our estimated forward dividends, however, grew another $34.65, putting our yearly dividends at approximately $2,820.84/year (excluding our Edwards Jones account) and $3,235.46/year (including our Edward Jones account). 

Our family's dividend stocks portfolio may be found
by clicking on the link below:
DIVIDEND STOCKS PORTFOLIO

We also maintain an extensive list of stock analysis
that can be access through the link below:
COLLECTION OF STOCK ANALYSES

We also just started a list of Recent Buys by other bloggers
that can be access through the link below: 
COLLECTION OF RECENT BUYS


HERE IS A QUICK FACT SHEET FOR THE STOCK JUST PURCHASED:


Verizon Communications Inc (VZ)
  • P/E: 15.19
  • Payout Ratio: 77.0%
  • Dividend Yield: 5.09%
  • Dividend Growth rate (5yr AVG): 2.90% 
  • 11 consecutive years of dividend increases
  • Last dividend Ex date: 4/6/2017
  • Next dividend Ex date: 7/6/2017
  • Dividend Payback Period: 17 years
  • Pays a dividend 4 times a year.
  • Market Cap: 185.2 Billion
  • 52-week high: $56.95
  • 52-week low: $44.46
  • Purchased Price: $44.88
What are your thoughts about my recent purchase?

What are you buying?
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5 comments:

  1. UnknownMay 22, 2017 at 6:54 AM

    But when it comes to property or overseas socks, based on what you've wrote, I think some have no qualms standing beside you! real estate rental companies

    ReplyDelete
  2. DivHutMay 22, 2017 at 12:21 PM

    Congrats on your recent pick up. I still do not have VZ nor T in my portfolio but know it is very popular among our DGI peers. Always love reading about fresh buys even as the market grinds higher. That's what true DGI is about. Staying invested no matter where we are in an economic or market cycle. As long as those dividends roll in it's all good.

    ReplyDelete
  3. Dividend DiplomatsMay 23, 2017 at 9:42 AM

    AFFJ -

    Congratulations on the purchase. How do you feel about VZ in the short-term here? Think they are changing their product offerings or directions as a company? Like them a lot? Would love to hear what you think!

    -Lanny

    ReplyDelete
  4. dividendgeekMay 25, 2017 at 4:31 AM

    I added a small position in VZ using my funds from Loyal3. I am presently use AT&T and loving it. To me VZ is super expensive (although their service is awesome). The price was too good and I could not say NO. However, I don't see it as a long term viable position.

    ReplyDelete
  5. UnknownJune 13, 2017 at 3:12 AM

    I like your post

    Mr. John Harrobin is the former Chief Marketing Officer of Verizon

    ReplyDelete