Dividend Income
The stock market has got to be the weirdest market in existence. It is the only place where people go to buy things and hate it when those things go on sale. They love it when the things they want to buy are insanely overpriced and run in fear when they become great bargains.
Two stocks that are currently experiencing this bizarre mentality are the dividend income telecommunication companies AT&T (T) and Verizon (VZ). Neither of these stocks are growth stocks. Instead, both act more like slow or low growth utility stocks. And like utility stocks, their attraction is with the dividend income they provide. In short, investors should think of these more like bonds with a kicker than as capital appreciation opportunities.
The above is generally true until now. Both these stocks have seen their prices fall precipitously ever since Covid. However, their fundamentals have remained relatively normal, with each providing operating cash flow and free cash that covers their dividends significantly. And once again, investing in these utility like telecommunication companies are all about the dividend income in the long run.
Nevertheless, now that they have become so ridiculously undervalued they have become not only excellent income vehicles, but offer exceptional near to midterm capital gain potential as well. In this video, I will show you these two stocks AT&T and Verizon that have the potential to generate between 50 and 100% rates of return and double your money over the next three years.
These stocks also offer a steady dividend yield of 8%. The first stock we’ll look at is Verizon, which has a low valuation but steady earnings and strong cash flows. The second stock is AT&T, which experienced a dividend cut due to a business spin-off but has a promising future with good fundamentals. Both stocks have been undervalued, making them attractive investments for those seeking high returns and steady dividend income.
Try FAST Graphs for FREE Today!
SUBSCRIBE to our YouTube Channel
Click here for our Research Articles
Disclosure: Long VZ T
Disclaimer: The opinions in this document are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned or to solicit transactions or clients. Past performance of the companies discussed may not continue and the companies may not achieve the earnings growth as predicted. The information in this document is believed to be accurate, but under no circumstances should a person act upon the information contained within. We do not recommend that anyone act upon any investment information without first consulting an investment advisor as to the suitability of such investments for his specific situation.