DividendChannel: Top Socially Responsible Dividend Stock - VerizonPR (5.0% Yield)

Dividend Channel has named Verizon Communications a Top Socially Responsible Dividend Stock, signifying a stock with above-average DividendChannel statistics including a strong 5% yield, as well as being recognized by prominent asset managers as being socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society — for instance business activities tied to weapons & gambling would be considered.

The ETF Finder at ETF Channel reports that Verizon Communications is holding positions in the iShares MSCI USA ESG Select ETF (SUSA), which represents 0,77% of its holdings, and the iShares MSCI KLD 400 Social Index Fund ETF (DSI), where VZ accounts for 1,22% of its holdings

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The annualized dividend paid by Verizon Communications is $2.56/share, currently paid in quarterly installments, and its most recent ex-dividend date was on 07/07/2022. The DividendRank report stressed that studying a company's past division history can be of good help in judging whether the most recent dividend is likely to continue.

VZ is a business that operates in the Communications Services sector, along with T-Mobile US and AT&T.