Verizon Communications: A Gift Hiding In Plain Sight

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 ...