With good fundamentals and a nice dividend, we like Verizon here
With good fundamentals and a nice dividend, we like Verizon here
| Symbol | Dividend Yield | Price-To_Earnings Ratio | Return On Equity |
| VZ | 4.83 | 9.96 | 30.42 |
Verizon is on our wathclist under a company with good fundamentals, and shows good value. With a low P/E ratio of 9.96, while the average S&P 500 P/E is around 24, we see this an undervalued stock.
Given that Verizon can perform on metrics, Verizon had a return on equity (ROE) of 30.42 percent. We like companies that can do 20% or better ROE.
A return on equity for the long term for a S&P 500 company is around 14% (Investopedia). Verizon is performing better than the S&P 500 company.