How many other shares of Verizon Communication Owner to get $ 5,000 for annual dividend income

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  • The calculation is true to determine how many shares are required to make the annual income of a $ 5,000 of Verizo.

  • However, the number is a moving target because it is likely to increase Verizo’s dividend.

  • Verizon also offers more investors than a dividend, as evidence of market-tattoo performance in 2025.

  • I like better than 10 share verizon communication>

Verizon Communication (NYSE: VZ) known for a lot. High speed internet. A wide network. Reliable coverage. However, if you are an investor, it is likely a company’s dividend when verizon is noted.

According to Ultra High Dividend productivity, Verizon is famous for income investors. You can surprise this telecommunications shares that a large number of points can create a large share. There are several other shares of Verizon communication to get $ 5,000 in annual dividend income.

People walking in the verizon store.
Picture source: Verizon communication.

Verizon is currently paying a quarterly dividend of $ 0.6775 per prominent share. For each Verizon share, it becomes $ 2.71 in annual dividend payments.

Now, let’s determine how many shares will require you to get $ 5,000 in annual dividend income. Math is true. What we need to do is divide $ 5,000 to $ 2.71 per share. This gives us a result of shares of 1,845,018.

If you roll down this number and have received a version of Verizon 1.845, your annual income would be a short nickel from the target. 1.846 Your annual income will be $ 5.002.66 if you grow stock. If you want to do it completely $ 5000 you should use it fractional shares (Although I doubt many investors look at this precision).

Regardless of the exact number of shares you purchased, an important investment is needed. In order to make a $ 5,000 billpark in the annual dividend income you will have to buy about $ 81,000 dollars.

However, it is important to note that the number of Verizon shares that owns $ 5,000 with annual dividend income may be a moving target. The basic variable is the quarterly dividend payment of Verizo.

Verizon has increased its dividend for 18 consecutive years. The telecommunications giant announced the latest dividend growth in September 2024. At the end of this year, the annual income will not have many stops to earn $ 5,000.

How much is Verizo likely to continue the dividend zone? I think luck is very good. Verizon Dividend payment ratio It is currently 64.23%. This level, if the Board of Directors, the Board is elected, gives a wide flexibility to increase dividends in a few months.

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