Dividend Kings: 8 High-Yielders for the Summer Market

The summer's here. Investment Underground took a preview of the dividend investing scene to see if any new dividend kings are worthy of being crowned. Here's what we uncovered: Verizon (VZ) : We think this once sleepy telecom has the potential to enter a new growth phase as it grabs market share from competitors with its adoption of the iPhone handset. The company should be able to handle the new services demanded by customers, and on a relative basis, outperform its peers. Average revenue per customer should get a shot in the arm over the next few years as Verizon rolls out higher revenue bundled plans and increases smart phone penetration. The company is worth $37 per share using a 10% discount rate. Though the AT&T (T) deal does throw a curve ball into Verizon’s plans, should the deal be approved, we think it’s very likely VZ will make strategic acquisitions... Read more