Dividend Contenders List Ranked By Yield: Top 10

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3. Verizon Communications Inc. (NYSE:VZ)

Dividend Yield as of December 23: 7.10%

Verizon Communications Inc. (NYSE:VZ) is an American multinational telecommunications company. It has raised its dividend payouts for 17 consecutive years and offers a quarterly dividend of $0.665 per share. As of December 23, the stock has a dividend yield of 7.10%.

As per Insider Monkey’s database of Q3 2023, 61 hedge funds owned stakes in Verizon Communications Inc. (NYSE:VZ), growing from 53 in the previous quarter. These stakes are collectively valued at nearly $1.4 billion.

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