Verizon Communications Inc. VZ: Among the Cheap High Dividend Stocks to Invest In Now

Verizon Communications Inc. (VZ), a leading telecommunications company, has emerged as one of the top choices for investors looking for cheap high dividend stocks. With its strong financial performance and consistent dividend payments, VZ has attracted the attention of many investors.

According to Yahoo Finance, Truist Financial Corp has a whopping 83.29 million holdings in VZ, further emphasizing the company's popularity among institutional investors. This significant stake by Truist Financial Corp reaffirms the potential growth prospects and stability of Verizon Communications Inc.

Considering its low price-to-earnings (PE) ratio and high dividend yield, VZ appears to be an attractive investment opportunity. The company has proven its ability to generate steady cash flows and maintain a healthy dividend payout over the years.

It is worth noting that Community Bank Trust based in Waco, Texas has also acquired shares of Verizon Communications Inc. This move further strengthens the confidence in VZ and its potential for future growth.

However, it is essential to seek professional advice from experts in Stocks Prognosis before making any investment decisions. The team of professionals there can provide valuable insights and forecasts on the movement of Verizon Communications Inc.'s shares.

In conclusion, Verizon Communications Inc. (VZ) stands out as an appealing option among cheap high dividend stocks. With its solid financial performance and growing interest from institutional investors, VZ holds great potential for investors seeking stable returns.