Verizon Communications has recently declared its quarterly dividend on February 28, with each shareholder set to receive US$0.68 per share, which is in keeping with the company's powerful track record in providing dividends. Meanwhile, the company's stock is experiencing some fluctuations; while some insiders have sold off their holdings, resulting in a decline in stock prices, numerous investment firms are also making significant purchases or increasing their holdings of Verizon shares. Notably, the company has achieved a record 480 Mbps uplink speed, marking a significant boost to its AI and 5G capabilities. The future of Verizon's contract with FAA, however, seems uncertain as there are rumours that Elon Musk's Starlink might take over, potentially offering benefits to SpaceX. The
FCC Chairman has commenced a probe into
Verizon's DEI practices, sparking additional uncertainty. On another note, Verizon has also announced an enhancement in its cybersecurity capabilities with
Allot, and done ground-breaking work in satellite connectivity. The stock's performance continues to captivate, with many firms either increasing their shares or selling them. This is apparent in the actions of companies like Xcel Wealth Management LLC, Los Angeles Capital Management LLC, and Illinois Municipal Retirement Fund, among others. Unsurprisingly,
Verizon Communications Inc. is attracting much interest from retirement investors and hedge funds due to its strong dividend yield and stable financials.
Verizon Communications VZ News Analytics from Mon, 23 Dec 2024 08:00:00 GMT to Sat, 01 Mar 2025 17:43:45 GMT -
Rating 5
- Innovation 5
- Information 6
- Rumor 0
