The Stock of Dividend Darling Verizon Climbs on Upbeat Outlook. Is It Time to Buy the High-Yield Stock?

  • Shares of Verizon Communications (VZ 0.05%) have struggled to keep up with rival AT&T the past couple of years, but the stock recently got a lift after posting solid second quarter results and issuing upbeat guidance. The company's stock price is now up about 7% on the year, while it also carries an over-6% yield.