Connect with us

archive

Buffett, Verizon & Income: Your Early Triple Crown Winner

By picking up shares of Verizon (VZ) today, theyâ??ll also be investing alongside the Oracle of Omaha, Warren Buffett, who recently bought a stake in VZ valued at $528 million through Berkshire Hathaway (BRK/A).

Buffett, Verizon & Income: Your Early Triple Crown Winner (Bloomberg)

Even though the Preakness Stakes wonâ??t be run until tomorrow, investors have a shot at their own triple-crown winner today. By picking up shares of Verizon (VZ) today, theyâ??ll also be investing alongside the Oracle of Omaha, Warren Buffett, who recently bought a stake in VZ valued at $528 million through Berkshire Hathaway (BRK/A). And both of you will have bought into a company that recently jumpstarted its cash flow by buying out Vodafone Group Plcâ??s minority stake in Verizon Wireless for $130 billion. The kicker to this deal is that both of you will receive a healthy 4.4 percent dividend yield while awaiting VZ profits to roll in. Buffett, Verizon and Income: thatâ??s todayâ??s triple-crown winner.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Advertisement
Advertisement

TRENDING NOW:

Duke Prof: Islam Has ‘Clear Emphasis on the Sanctity and Dignity of Human Life’

FOREIGN AFFAIRS

Justin Trudeau Justin Trudeau

How Justin Trudeau Is Pushing Canada Further Right

FOREIGN AFFAIRS

Willem van Sprouse Antifa Willem van Sprouse Antifa

ICE Detention Center Attacker Was Antifa Activist.

U.S. POLITICS

Beto Is Using His Slave-Owning Ancestry.

U.S. POLITICS

archive

Buffett, Verizon & Income: Your Early Triple Crown Winner

Buffett, Verizon & Income: Your Early Triple Crown Winner (Bloomberg)

Even though the Preakness Stakes won’t be run until tomorrow, investors have a shot at their own triple-crown winner today. By picking up shares of Verizon (VZ) today, they’ll also be investing alongside the Oracle of Omaha, Warren Buffett, who recently bought a stake in VZ valued at $528 million through Berkshire Hathaway (BRK/A). And both of you will have bought into a company that recently jumpstarted its cash flow by buying out Vodafone Group Plc’s minority stake in Verizon Wireless for $130 billion. The kicker to this deal is that both of you will receive a healthy 4.4 percent dividend yield while awaiting VZ profits to roll in. Buffett, Verizon and Income: that’s today’s triple-crown winner.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Duke Prof: Islam Has ‘Clear Emphasis on the Sanctity and Dignity of Human Life’

FOREIGN AFFAIRS

Justin Trudeau Justin Trudeau

How Justin Trudeau Is Pushing Canada Further Right

FOREIGN AFFAIRS

Willem van Sprouse Antifa Willem van Sprouse Antifa

ICE Detention Center Attacker Was Antifa Activist.

U.S. POLITICS

Beto Is Using His Slave-Owning Ancestry.

U.S. POLITICS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter