Verizon Communications Named 'Top Dividend Stock Of The Dow' At Dividend Channel With 6.9% Yield

For example, the recent VZ share price of $37.84 represents a price-to-book ratio of 1.8 and an annual dividend yield of 6.9% -- by comparison, the average dividend paying stock in the Dow yields 3.2% and trades at a price-to-book ratio of 8.2.