25/6/2024, 5:52:02 pm

Better Dividend Stock: Philip Morris or Verizon Communications?

📌Philip Morris and 📌Verizon Communications are two popular high-yield dividend stocks. Philip Morris has a 5.2% annualized dividend and a 7.2% average dividend increase over the past decade, with a payout ratio of over 100%. Verizon has a 6.6% dividend yield, but a high payout ratio of 99%. Both stocks are undervalued, with Philip Morris trading at 16 times forward earnings.