This telecom giant's compelling 6.5% dividend yield deserves a closer look.Verizon Communications (VZ 1.45%) has quietly emerged as a turnaround story, with shares up an impressive 35% from its 52-week low.Efforts by the telecom giant to streamline the business and focus on core strengths appear to be paying off. Solid wireless service revenue growth and an outlook for improving cash flow are great news in support of the stock's 6.5% dividend yield.These themes will be on tap when the company reports its se ...

The market expects Verizon Communications (VZ) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 22, 2024, might help the stock move higher if these key numbers ...

PHILADELPHIA, July 15, 2024 (GLOBE NEWSWIRE) -- On Tuesday, July 16th, Verizon will celebrate the completion of a six-month program designed to support small businesses with a graduation ceremony in store, as well as a final session on both opportunities and challenges faced by small businesses in adapting to Artificial Intelligence (AI). From 8:30 a.m. to 10:30 a.m. July 16th, at Verizon's 1430 Walnut Street store in Philadelphia, small business owners will celebrate the completion of a six-month training ...

HOUSTON, July 12, 2024 (GLOBE NEWSWIRE) -- Verizon's network was ready as Hurricane Beryl descended upon the Houston area earlier this week. All of Verizon's macro cell sites, which provide large area coverage, have backup battery power, and ninety percent of Verizon's macro cell sites in the Houston market have backup generator power, meaning that even as millions of people lost electricity, Verizon was able to quickly restore connectivity to nearly all of its customers. "We know our customers rely on us, ...

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Small businesses run on connectivity: over half of small businesses added or upgraded their business internet service last year in a recent Verizon Business survey. Which is why small business owners need their business internet experience to be seamless, and based on six key factors (performance and reliability; cost of service; communications; billing; digital account management; and customer service), they have named Verizon Business Small Business Internet as ...

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Small businesses run on connectivity: over half of small businesses added or upgraded their business internet service last year in a recent Verizon Business survey. Which is why small business owners need their business internet experience to be seamless, and based on six key factors (performance and reliability; cost of service; communications; billing; digital account management; and customer service), they have named Verizon Business Small Business Internet as ...

TRAVERSE CITY, Mich., July 11, 2024 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Team recently deployed in support of local government agencies in Grand Traverse County, Michigan, to provide temporary connectivity in the wake of a ransomware attack. At the request of local officials, the team provided more than 80 Verizon Frontline communications solutions to help county agencies get operations back up and running at numerous locations. "We appreciate having a mission-critical partner like Veri ...

HOUSTON, July 8, 2024 /PRNewswire/ -- Faction, a pioneer in autonomous vehicle technology, announces the commencement of self-driving light electric vehicle (EV) testing in Houston, Texas. This initiative marks a significant milestone in the advancement of autonomous mobility solutions, particularly in the realm of last-mile delivery operations. Faction self-driving vehicles Utilizing proprietary cutting-edge technology, including its innovative DriveLink® autonomy system and TeleAssist® for remote huma ...

3D_generator VZ stock: I used to love it too I have been accumulating and holding shares of Verizon Communications Inc. (NYSE:VZ) in our income account over the past two years or so. My shares were mostly purchased when the dividend yields were around 7%. The recent price rallies have compressed the yield considerably to ~6.6% as seen in the next chart below. Combined with a few other factors (and I will detail them later), I have sold my shares at a price of around $41 per via the use of call options. Of c ...

RiverNorthPhotographyVerizon Communications Inc. (NYSE:VZ) (NEOE:VZ:CA) is a well-managed telecommunications company with a high, recurring level of EBITDA and free cash flow. The Telco earns its dividend with Free Cash Flow on a full-year basis and is poised to announce a dividend hike for the coming year. Taking into account that Verizon Communications is selling at a cheap earnings multiple and that the Telco continues to have subscriber tailwinds in its Broadband segment, I think that the risk/rewar ...