How Much Would It Take To Earn $100 A Month From Verizon Stock

Verizon Communications VZ engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.

It will report its Q1 2025 earnings on April 2. Wall Street analysts expect the company to post EPS of $1.15, unchanged from the figure in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $33.30 billion, up from $32.98 billion a year earlier.

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The 52-week range of Verizon stock price was $37.59 to $47.36.

Verizon's dividend yield is 6.12%. It paid $2.71 per share in dividends during the last 12 months.

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On Jan. 24, the company announced its Q4 2024 earnings, posting revenues of $35.70 billion, up 1.6% year-over-year, and topping the analyst consensus estimate of $35.32 billion, as reported by Benzinga

Adjusted EPS of $1.10 was in line with expectations. Total wireless service revenue was $20 billion, up 3.1% year-over-year, driven by pricing actions and growth from fixed wireless connections.

Verizon expects full-year 2025 wireless service revenue growth in the range of 2.0% to 2.8%. It projects an adjusted EPS of $4.59 to $4.73, compared to the consensus of $4.71.

Check out this article by Benzinga to learn how investors feel about Verizon Communications.

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How Can You Earn $100 Per Month As A Verizon Investor?

If you want to make $100 per month — $1,200 annually — from Verizon dividends, your investment value needs to be approximately $19,608, which is around 443 shares at $44.30 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (6.12% in this case). So, $1,200 / 0.0612 = $19,608 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Verizon stock an attractive option for making a steady income of $100 per month by owning 443 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. Verizon has raised its dividend consecutively for the last 18 years. 

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