My Top Dow Dividend Stock to Buy Before the End of the Year (and It's Not Even Close)

^{Published on 2024-12-07 21:20:45 - The Motley Fool}

In 2017, Nike made a bold decision to grow its direct-to-consumer business. Fiscal 2017 was the first year Nike began reporting its Nike brand sales in two buckets -- wholesale and direct-to-consumer (changed to Nike Direct in fiscal 2018). Note that Nike's fiscal year ends on the last Thursday in June.

The article from The Motley Fool, published on December 7, 2024, discusses the author's top pick for a Dow Jones Industrial Average dividend stock to buy before 2025. The focus is on Verizon Communications, highlighting its attractive dividend yield, which is currently around 7%. Despite concerns about its high debt levels and the competitive pressures in the telecom industry, the author argues that Verizon's strategic investments in 5G technology, its consistent dividend growth, and its potential for future earnings growth make it a compelling choice. The article points out that Verizon has been increasing its dividend for 17 consecutive years, showcasing its commitment to shareholders. Additionally, the company's efforts to reduce costs and improve its balance sheet are seen as positive steps towards sustainable growth, making it an appealing option for investors looking for both income and potential capital appreciation.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/07/my-top-dow-dividend-stock-buy-before-2025/ ]

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My Top Dow Dividend Stock to Buy Before the End of the Year (and It's Not Even Close)