Although Verizon has been going through some changes inside their enterprise, functionally they are still the same great company that has taken off through the years. This should therefore solidify them into the future and make it another great company to hold in the portfolio. It was basically as no-brainer to add Verizon alongside the already well performing, AT&T inside the Dividend Scythe. Now let's look at the final compilation of the purchase.
Purchased: 25 shares of VZ @ $49.07/share
Total purchase: $1,236.74
Annual dividend added to the Scythe: $57.75
New Projected Annual Dividend Income: $505.37
And with that, the Scythe has officially passed the $500 mark for annual income. All I have to do is keep the train rolling. Thanks for reading, everyone.