Thursday, January 5, 2012

Verizon

          Telephone or Verizon?  Telephone carries the distinction of being a 2011 Dividend Machine see original post .   My cell phone service is through Verizon (VZ.)  Years ago I switched from AT&T and all the dropped calls to VZ and I would like to own it.  After all, VZ has a mighty yield.  But it is just a little early.  The last quarter Verizon finally made more money than they paid in dividends and that is progress.  We can see more progress on paying down debt but their D/E ratio is well above 1 at 1.44.    We just have to wait for this exciting company to meet our criteria to be included in our 2012 Dividend Machine list.

Very Truly Yours,
TheMoneyMadam