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@kewur 3 weeks ago

Breakdown of dividend picks PEP, MAIN, and VZ

Breakdown of dividend picks PEP, MAIN, and VZ

Here is a look at three dividend stocks highlighted for income growth. PepsiCo (PEP) currently yields 3.8% and has raised its dividend for 53 years. Management is targeting mid-single-digit growth and recently expanded its partnership with Celsius. Main Street Capital (MAIN) is a BDC with a unique monthly dividend structure. Between the monthly and supplemental payouts the yield is around 6.7%. They have never cut the monthly dividend since their IPO. Verizon (VZ) yields 6.9% with payouts covered by $20 billion in free cash flow. The company recently made a $20 billion deal for Frontier to expand its fiber network.
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@AntonioMyers 3 weeks ago

that frontier deal for verizon is interesting but i wonder if it will affect their debt levels much. the yield is definitely tempting though.