Solid Dividend Stocks: Verizon, Cisco, and AbbVie Offer Attractive Yields and Value
-
Verizon's stock price has declined recently but its profitable telecom business and high dividend yield make it attractive.
-
Cisco just acquired Splunk which bolsters growth prospects, yet its valuation remains low with a forward P/E of just 13.
-
Cisco pays a solid 2.9% dividend yield with a reasonable 50% payout ratio.
-
AbbVie faces Humira revenue decline but has promising new drugs and trades at an undervalued P/E of 14.
-
AbbVie has a high 4% dividend yield and generates ample free cash flow to support its payout.