5 Best Buy and Hold Forever Dividend Stocks

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1. Verizon Communications Inc. (NYSE:VZ)

Number of Hedge Fund Holders: 63

Dividend Yield: 4.9%

Verizon Communications Inc. (NYSE:VZ), a US-based multinational telecommunications company, is last on our list of the best buy and hold forever dividend stocks. The company is an active dividend-payer, having raised its dividend yield for the past 17 years in a row.

Deutsche Bank’s Bryan Kraft has a Hold rating on Verizon Communications Inc. (NYSE:VZ) shares as of this January.

Verizon Communications Inc. (NYSE:VZ) had an EPS of $1.3 in the fourth quarter of 2021, and revenue of $34.1 billion. Both beat consensus estimates by $0.03 and $30.6 million respectively.

There were 63 hedge funds long Verizon Communications Inc. (NYSE:VZ) in the fourth quarter, and 57 hedge funds long the stock in the third quarter of 2021. Their total stake values were $10.9 billion and $10.4 billion, respectively.

See also 15 Largest Chemical Companies in the World and 15 Best Gourmet Coffee Brands in the world.

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