This morning Verizon (#VZ) announced their Q4 2020 earnings and reported an EPS beat by $0.04. The communications company went on to announce that total Non-GAAP EPS totaled $1.21 and revenue came in at $34.7B, beating analyst expectations by $230M, but is down -0.2% Y/Y.
Many investors view #Verizon as a safe, defensive stock that'll collect them dividends and wage against inflation. Although the company has increased dividends for 16 consecutive years their stock has tremendously underperformed the S&P 500. Should investors buy, hold, and collect the dividend, or pass?