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
About MM
- MM MoneyMadam
- I am an income investor: I invest in and write about income from Dividend Stocks, covered call options, and now after a long time, laddered bonds including CD's and treasuries.