|Bid||0.00 x 1200|
|Ask||0.00 x 3200|
|Day's range||32.93 - 33.51|
|52-week range||31.25 - 42.58|
|Beta (5Y monthly)||0.33|
|PE ratio (TTM)||6.66|
|Earnings date||24 Oct 2023|
|Forward dividend & yield||2.66 (7.99%)|
|Ex-dividend date||06 Oct 2023|
|1y target est||39.81|
One strategy is to invest in companies that pay growing dividends. Microsoft (NASDAQ: MSFT) recently gave its investors a 10% raise, boosting its quarterly dividend payment by $0.07 per share to $0.75 ($3.00 annualized). On the one hand, Microsoft's current dividend yield might not appeal to income-seeking investors since it's currently less than 1% even after the increase.
These two telecom giants look extremely attractive, but there are a few things investors should know.
Shares of Verizon (NYSE: VZ) have been hammered over the past year, but the good news is that the dividend yield is now over 7%. In this video, Travis Hoium answers just how much stock you need to own to make $10,000 each year in dividends and how that payout may change over time.