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10-23-2016, 11:19 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,223
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Verizon for dividends
To good to be true ? PE of 14 and div over 4% . Doesn't seem right.
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10-24-2016, 05:50 AM
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#2
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Recycles dryer sheets
Join Date: Sep 2014
Location: Miami
Posts: 337
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What is their debt to equity? What happens if interest rates go up? What if they do something stupid like ATT is doing? But 4% does look enticing?
__________________
FIRE July 2015
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10-24-2016, 09:45 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2016
Location: Colorado
Posts: 8,971
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I would be concerned about subscriber growth. That is why ATT did what they did. Cell phones are a very mature industry. You need people to use the device (cell, tablet, etc) more, i.e. a substitute for TV's.
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10-24-2016, 01:07 PM
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#4
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Full time employment: Posting here.
Join Date: Jun 2015
Location: Redmond
Posts: 891
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My 2 cents, Verizon is a top ten core holding in Wellington, and minor in Wellesley. My former portfolio manager selected and still maintains it as a core stock position. Since I am not as smart as some of these folks, I would tend to follow their lead. Holding Wellington, it maintains a good position in stocks like Verizon as well as other LC value stocks.
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10-24-2016, 01:46 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
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Quote:
Originally Posted by Happyras
My 2 cents, Verizon is a top ten core holding in Wellington, and minor in Wellesley. My former portfolio manager selected and still maintains it as a core stock position. Since I am not as smart as some of these folks, I would tend to follow their lead. Holding Wellington, it maintains a good position in stocks like Verizon as well as other LC value stocks.
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I hold the Canadian equivalents. Relatively low risk, good yield, fairly low growth.
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10-24-2016, 01:47 PM
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#6
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Recycles dryer sheets
Join Date: Mar 2015
Posts: 74
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Quote:
Originally Posted by Blueskies123
What if they do something stupid like ATT is doing?
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Like buy Yahoo?
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10-24-2016, 02:52 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,223
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The pre hacking scandal proposed price for Yahoo was about 4.5 billion. Reports are that Verizon now wants a discount from that price, even though Verizon already knew about the hack.I have no idea what Yahoo is worth , but Verizon is offering pennies on the dollar vs. the stock price of a couple of years ago.
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10-24-2016, 03:08 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,194
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Quote:
Originally Posted by Lakewood90712
The pre hacking scandal proposed price for Yahoo was about 4.5 billion. Reports are that Verizon now wants a discount from that price, even though Verizon already knew about the hack.I have no idea what Yahoo is worth , but Verizon is offering pennies on the dollar vs. the stock price of a couple of years ago.
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They are not apple vs apple.... as they are only buying the US part of Yahoo... all the stuff that has real value they are not selling...
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11-01-2016, 03:53 PM
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#9
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Full time employment: Posting here.
Join Date: Aug 2013
Location: https://www.google.com
Posts: 750
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I've held a couple thousand shares of VZ for years, with a cost basis of about 40 bucks a share. As far as wireless carriers go, they're in a dominant market position, so I'm comfortable holding. As mentioned, not much growth, but low risk. Just paid a nice dividend the other day. Reinvested, as usual.
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11-01-2016, 09:48 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2016
Location: Northern Virginia
Posts: 7,514
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Quote:
Originally Posted by Lakewood90712
To good to be true ? PE of 14 and div over 4% . Doesn't seem right.
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I think growth is an issue, if you watch their earnings releases. I would be more interested in low 40's. Not a core holding IMHO but i have owned, sold mid-50's.
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11-04-2016, 03:13 AM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2005
Posts: 6,098
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Verizon has been a dog . with dividends it has returned 2.56% the last 15 years vs just a balanced fund like fidelity balanced 6.58%
since rates on bonds ticked up Verizon fell almost 12% the last 3 months vs 3% for the s&p 500 .
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11-04-2016, 04:14 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Location: On a hill in the Pine Barrens
Posts: 9,670
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Quote:
Originally Posted by Lakewood90712
To good to be true ? PE of 14 and div over 4% . Doesn't seem right.
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It is what it is at the moment. Pretty sure the dividend has been over 4% recently.
V is in a lot of portfolios and index funds. Along with T it is something to hold for the dividend, like a utility.
As has been mentioned, growth is slow. As long as you don't mind fluctuation, of which there may be a great deal to come.
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11-04-2016, 04:20 AM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2005
Posts: 6,098
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I couldn't give a rats behind what a dividend is . it is the total return only that means a thing .
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