We compare the prospects of two telecommunications giants, AT&T and Verizon. These companies have always enjoyed a dominant position in their business, generating excessive free cash flows and paying generous dividends.
International Paper’s streak of dividend increases has ended, and the company is no longer a Dividend Contender. This cut was primarily due to the spinoff of Sylvamo (SLVM), IP’s former global printing papers business.
Verizon Communications (VZ) is an American multinational telecommunications conglomerate. While the S&P 500 has been up 25.8% since the start of this year, VZ has lagged the overall market as it is down -11% this year.
These high-quality Dividend Radar stocks offer the best opportunities for dividend growth investors. Each stock is trading below my risk-adjusted Buy Below prices and offers generous and safe dividends and strong total return prospects.
3M Company is one of the premier industrial companies in the US and has a global presence. 3M is also a Dividend King with 63 consecutive years of dividend growth, one of only nine companies to have paid a growing dividend for 60+ years.
Walgreens Boots Alliance, Inc. (WBA) is a holding company headquartered in Deerfield, Illinois. The company owns the retail pharmacy chains Walgreens and Boots, as well as several pharmaceutical manufacturing, wholesale, and distribution companies.