Verizon: Frontier Deal, 6.2% Yield, Dividend Hike - I Am Loving It

Core Points - Verizon Communications Inc. has increased its quarterly dividend to $0.6775 per share, representing a 2% increase for passive income investors [1] - The company has also announced the acquisition of Frontier Communications, indicating a strategic move to enhance its market position [1] Summary by Category Dividend Increase - Verizon raised its dividend to $0.6775 per share per quarter, providing a 2% hike for investors [1] Acquisition - The acquisition of Frontier Communications was announced, which may contribute to Verizon's growth strategy and market expansion [1]