When Warren Buffett, former CEO of Berkshire HathawayWhen buying a stock, it deserves an extra look, just because of its extremely successful track record.
In late 2023, Buffett (through Berkshire) purchased shares of the satellite radio company sirius xm (Sir, I +1.07%)and got stock immediately buffet bounce. But since then, the stock has struggled, down about 46% from late 2023 when it traded at $48 a share. It has a strong upside of 35% to $27 per share in 2026, but is still down significantly from when Buffett bought it.
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Despite a 2026 rebound, there is limited upside for Sirius XM, at least according to analysts. Revenue and adjusted earnings declined last year, and the outlook for 2026 isn’t much better. The company expects flat revenues and a modest decline in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in 2026.
Sirius is rumored to be in talks to buy XM iHeartMediaBut nothing concrete or official. It may change its trajectory one way or the other, depending on the deal. Stay tuned for more details when Sirius reports second-quarter earnings on April 30.
On the plus side, Sirius XM has a strong dividend, paying $0.27 per share on a yield of 4.06%. But there is another media and communication stock, Verizon Communications (VZ 1.25%)With better dividends and more profits.
Verizon’s great dividend
Verizon released its first-quarter earnings on Monday, April 27, and the results sent the stock up more than 3% to nearly $48 per share. While revenue in Q1 rose 3% year over year, it slightly missed estimates. However, adjusted earnings topped estimates and rose nearly 8%. This was the highest adjusted earnings growth rate since 2021.
Additionally, Verizon raised its 2026 guidance, calling for adjusted earnings of $4.95 to $4.99 per share, representing growth of 5% to 6%. Also, it lifted its guidance for retail postpaid phone net additions to the higher end of the 750,000 to 1.0 million range. This will be 2 to 3 times above the 2025 level.
today’s change
(-1.25%) $-0.59
current price
$46.65
key data points
market cap
$199B
day limit
$46.65 -$47.53
52wk range
$38.39 -$51.68
volume
10m
average volume
31 m
gross margin
45.50%
dividend yield
5.85%
Verizon stock is up about 15.5% year to date, and Wall Street analysts’ average price target is $49.50 per share, which translates to just a 5.3% gain. But after this increase in outlook it may increase further.
This is the primary attraction for Verizon stock right now dividend. This quarter, Verizon increased its dividend to $0.71 per share from $0.69 per share last quarter. Its ridiculously high yield of 6.1% is one of the highest yields you can find. Additionally, Verizon has increased its dividend annually for the past 21 years.
That dividend comes from Verizon’s strong free cash flow. In Q1, Verizon increased its free cash flow Up 4% to $3.8 billion. For 2026, Verizon is projected to generate free cash flow of $21.5 billion, up nearly 7% from 2025 and the highest since 2020.
The dividend alone makes it a great buy in these volatile markets. When you reinvest that dividend back into the stock, you’re increasing its total return. Either that, or you put it in the pocket high-yield dividends. Either way, Verizon is one of the best dividend stocks you can find.