Motley Fool Picks 3 Dividend Stocks Led by Verizon’s 6.6% Yield
Updated
Updated · The Motley Fool · Jul 5
Motley Fool Picks 3 Dividend Stocks Led by Verizon’s 6.6% Yield
3 articles · Updated · The Motley Fool · Jul 5
Summary
Verizon, Nike and Enterprise Products Partners were highlighted as set-and-forget dividend picks, with Verizon offering the highest current yield at 6.6%, ahead of Enterprise at 6% and Nike at 3.8%.
Nike’s case rests on dividend durability despite operational strain: the company has raised its payout for 24 straight years, holds more than $8 billion in cash, and has repurchased $10.8 billion of stock over three years.
Verizon’s dividend looks better covered, with a 67.4% payout ratio, while Enterprise’s 80.9% ratio is supported by its fee-based pipeline and storage model and MLP structure geared toward returning cash to investors.
The latest list follows another Motley Fool July dividend roundup featuring Coca-Cola, Chevron and American Express, underscoring a broader focus on dependable income stocks across sectors.