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home / news releases / VZ - Verizon: 4% Dividend Hurdle


VZ - Verizon: 4% Dividend Hurdle

Despite the tough times in the domestic wireless sector, Verizon Communications (VZ) continued to deliver solid results. The numbers just aren't impressive enough to warrant a rush to new highs reinforcing a consistent tepid investment thesis at $60 and a 4% dividend yield. While the coronavirus outbreak isn't expected to impact long-term results, investors should quickly realize that increased usage by consumers is far more than offset by impacted customers and reflective of the general problem with 5G.

Image Source: Verizon website

Creeping Along

The wireless giant had a generally decent quarter with

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Stock Information

Company Name: Verizon Communications Inc.
Stock Symbol: VZ
Market: NYSE
Website: verizon.com

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