The telecom giant's recent earnings report didn't offer many surprises.Verizon Communications (VZ 0.29%) pays an incredibly high yield of 6.6% right now. This is not your typical yield from Verizon. But because investors turned bearish on the stock amid rising interest rates, the stock has fallen, and the yield has risen.When a yield gets this high, question marks often arise as to whether it is too good to be true, and whether it can really be safe. Let's take a closer look to see just how manageable the p ...

Verizon is a dividend-paying machine.Verizon (VZ 0.81%) has one of the highest dividend yields in the S&P 500 at over 6.5%. That puts it several times above the index's level of 1.3%. The concern is that a high dividend yield often signals that the payout is at a higher risk of reduction. However, that's not the case for the telecom stock's dividend. It's on an increasingly sustainable foundation, which has been on full display this year. Here's a look at the factors driving this view.Improving where it mat ...

NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ("Verizon") ((NYSE, NASDAQ:VZ) today announced that it has amended the terms of its previously announced offers to exchange 10 outstanding series of notes (the "Old Notes") described in the Offering Memorandum dated July 22, 2024 (the "Offering Memorandum" and, together with the accompanying eligibility letter, the "Exchange Offer Documents") for newly issued notes of Verizon (the "New Notes") (the "Exchange Offers") to increase the spr ...

What you need to know: The Verizon Frontline Crisis Response Team deployed SPOT trailers and nearly 200 solutions at 15 different locations to provide first responders with mission-critical voice and data connectivity This effort is one of the Verizon Frontline Crisis Response Team's nearly 800 responses to requests for support from federal, state and local public safety agencies in 2024 HARDMAN, Ore., July 30, 2024 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Team recently deployed in support ...

Verizon Communications Inc. (VZ) recorded relatively healthy second-quarter results with the bottom line beating the Zacks Consensus Estimate but the top line missing the same. The company recorded consolidated postpaid net additions of 340,000 in the quarter, along with retail postpaid phone net additions of 148,000. Total broadband net additions for the quarter were 391,000, including 378,000 fixed wireless net additions.Key Growth DriversVerizon is offering various mix-and-match pricing in both wireless ...

Verizon Communications Inc. (VZ) , in association with Siyata Mobile Inc. , recently launched Siyata SD7 as part of the former’s stocked handset portfolio. This state-of-the-art mission-critical push-to-talk device aims to elevate communication for first responders and enterprise clients across the United States by offering a robust, high-performance 'cellular radio’ solution tailored to their needs.The SD7 is equipped to integrate seamlessly with Verizon's network, delivering a reliable communication solut ...

WASHINGTON, July 29, 2024 (GLOBE NEWSWIRE) -- Verizon Business, a long-term trusted partner of the National Weather Service (NWS), has been awarded a task order valued at nearly $80 million to transition the NWS's current voice and data services from the Networx contract to the Enterprise Infrastructure Solutions (EIS) vehicle. The transition will help support the NWS's mission-critical work by providing weather, water and climate data, forecasts, warnings and impact-based decision support services. To faci ...

Verizon Communications TodayVZVerizon Communications$40.09 +0.14 (+0.35%) 52-Week Range$30.14▼$43.42Dividend Yield6.64%P/E Ratio14.96Price Target$45.68Add to WatchlistTelecommunications giant Verizon Communications Inc. NYSE: VZ stock has been in a flat trading range for the past 4 months. Its shares are trading up just 6.34% year-to-date (YTD), severely underperforming the S&P 500 Index, which is up 14.54% YTD. The stock may present itself as a solid value play at these prices with historically low multipl ...

JHVEPhoto Despite surging data usage, the wireless giants have not managed to figure out how to grab higher revenues from additional demand for their networks. Verizon Communications, Inc. (NYSE:VZ) (NEOE:VZ:CA) reported another quarter with meager growth last week, making the dividend the only reason to own the stock. My investment thesis remains Neutral on the stock trading at $40. Source: Finviz Another Weak Quarter Verizon hasn't been a growth story for years, with the wireless giant reporting mea ...

Investors shouldn't be too quick to punish a company if it whiffs on an analyst estimate.Talk about a bad case of the Mondays. The stock of seemingly mighty telecom-sector incumbent Verizon Communications (VZ 0.35%) took quite the drubbing as this trading week kicked off, at one point falling by more than 6% in value during the day.That was a reaction to the company's latest earnings release, which in fact was notably better than the widespread sell-off would indicate.A second-quarter miss that hurtVerizon' ...