5 Most Popular Dividend Stocks on Robinhood

1. Verizon Communications Inc. (NYSE:VZ)

Dividend Yield: 4.73%

By the end of the third quarter of 2021, 57 hedge funds had Verizon Communications Inc. (NYSE:VZ) among their 13F holdings. The total value of these stakes was in excess of $10.35 billion. As of February 4, 2022, Berkshire Hathaway owned the most shares of Verizon Communications Inc. (NYSE:VZ). The fund’s stake in the company was valued at $8.25 billion, which covered 2.49% of the fund’s investment portfolio.

On January 26, 2022, Deutsche Bank analyst Bryan Kraft raised his price target on Verizon Communications Inc. (NYSE:VZ) to $59 from $57 and reiterated a Hold rating on the shares.

Here is what Weitz Investment Management Hickory Fund has to say about Verizon Communications Inc. (NYSE:VZ) in its fourth-quarter 2021 investor letter:

“After several quarters of pandemic-induced outsized growth, new broadband connection growth has slowed for U.S. cable operators. This slower growth has coincided with a renewed push by competitors like Verizon and AT&T to offer high-speed data (either via wireless connects or by building new fiber-optic networks).”

You can also take a look at 10 best high dividend stocks to buy and 10 Best Growth Stocks To Buy Now.

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