5 Dividend Growth Stocks with Over 3% Yield

2. Verizon Communications Inc. (NYSE:VZ)

Dividend Yield as of May 11: 6.58%

Verizon Communications Inc. (NYSE:VZ) is an American multinational telecommunications, based in New York. The company’s quarterly dividend currently comes in at $0.665 per share for a dividend yield of 6.58%, as of May 11. With a dividend growth streak of 17 years, VZ is one of the best dividend growth stocks with high yields.

Insider Monkey’s database of Q4 2023 showed that 63 hedge funds owned stakes in Verizon Communications Inc. (NYSE:VZ), up from 61 in the previous quarter. These stakes have a total value of more than $2.6 billion.

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