15 Best High-Yield Dividend Stocks for 2025 and Beyond

3. Verizon Communications Inc. (NYSE:VZ)

Dividend Yield as of May 9: 6.21%

Verizon Communications Inc. (NYSE:VZ) is an American telecommunications company, headquartered in New York. The company is the largest US wireless provider by subscriber count, with 146 million users as of the end of 2024. It also offers home internet services alongside its mobile operations.

In the first quarter of 2025, Verizon Communications Inc. (NYSE:VZ) reported revenue of $33.5 billion, a 1.5% increase from the previous year, surpassing analyst expectations by $204.3 million. Both its mobility and broadband divisions showed strong performance, with wireless service revenue reaching a market-leading $20.8 billion. Verizon also recorded its highest core prepaid net additions since acquiring TracFone. On the broadband side, the company continued to expand its market share, driven by strong uptake of its Fios and fixed wireless access products.

Verizon Communications Inc. (NYSE:VZ)’s financial position remained solid, generating $7.8 billion in operating cash flow—up from $7.1 billion in the same quarter last year—and boosting free cash flow to $3.6 billion from $2.7 billion. This robust cash flow supported Verizon’s 18th consecutive year of dividend growth, which makes it one of the best dividend stocks on our list. The company pays a quarterly dividend of $0.6775 per share and has a dividend yield of 6.21%, as of May 9.