Income investors on the hunt for value stocks with big dividends and solid underlying businesses should check out Verizon Communications (VZ 0.06%). The company stands as the U.S.'s largest wireless service provider, and the roughly 7% dividend yield on its stock offers attractive income generation. With a $17,500 investment, those buying the stock would earn roughly $1,200 annually through dividend payments based on the current yield. Verizon pays out its dividend on a quarterly basis, so shareholders can earn just over $300 every three months as a reward for taking a buy-and-hold approach with the stock's current payout. It's likely that income generation will continue to climb above that level.
Source: Motley Fool
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