Verizon Communications (VZ) currently offers a dividend yield of over 7%, making it an attractive option for income-focused investors. The stock's quarterly dividend is $0.69, translating to an annual dividend of $2.76 per share. To generate $1,000 in yearly dividends, an investor would need approximately 362 shares, costing around $14,732 at the current share price of $40.66. Despite its high dividend yield, Verizon has underperformed the S&P 500 over the past five years, with the stock declining by 30% while the index grew by 82%. Verizon has a long history of dividend growth, increasing its dividend for 19 consecutive years, and continues investing heavily in expanding its 5G network, which could improve future stock performance. The company’s market capitalization is approximately $164 billion, and it is more suitable for investors seeking stability and consistent income rather than growth. Younger investors seeking growth may consider other options, but Verizon remains a solid choice for those prioritizing dividend income and stability.