If You'd Invested $10,000 in Verizon Communications 10 Years Ago, Here's How Much You'd Have Today

Verizon was a market-beater 10 years ago. The next decade told a very different story.Bear with me for a second; I'd like to start this overview with a quick history lesson.Verizon Communications (VZ +1.00%) was a hot tamale in 2015. The telecom giant was on a hot streak in the early days of the smartphone era. If you had invested 10,000inVerizonstockneartheendof2005,activatedthedividendreinvestmentprogram(DRIP),andleftitaloneforthenext10years,youdhaveamarketbeating10,000 in Verizon stock near the end of 2005, activated the dividend reinvestment program (DRIP), and left it alone for the next 10 years, you'd have a market-beating 27,400 in ...