Verizon Communications Inc. (VZ) displayed a stable position amid market turbulence. It is currently considered one of the best consistent dividend stocks to invest in. A quarterly dividend was declared on December 5th. Long-term gains are expected to outshine the recent US$8.3b market cap drop. Various corporations such as SageView Advisory Group LLC, Stifel Financial Corp, and IHT Wealth Management LLC have either lessened or increased their stakes in VZ. Verizon appointed former PayPal CEO Daniel Schulman as Lead Director, contributing to its strategic leadership move. Verizon also saw an upward trend in stock purchases by various groups including Janus Henderson Group PLC and HighTower Advisors LLC. VZ underperformed within the Communication Services Sector. Despite this, Verizon consistently attracted investor attention and is deemed a trending stock. Still, some are wary of Verizon due to its returns on capital. For 18 consecutive years, Verizon has increased its dividend, demonstrating stability amidst fluctuating market conditions. VZ's Q3 earnings estimate beat suggests strong performance. Verizon is also reported to have extended its dividend growth streak and delivered strong third-quarter results. On the horizon are rumors of a major cybersecurity deal with global industrial giant EBARA.
Verizon Communications VZ News Analytics from Thu, 09 May 2024 07:00:00 GMT to Sat, 07 Dec 2024 16:17:00 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor 2
