Verizon Shares Sink Despite Strong Subscriber Growth. Is It Time to Buy the Dip?

The stock carries an attractive 6.5% yield. Despite seeing solid wireless subscriber growth, shares of Verizon Communications (VZ -1.15%) fell after the company posted yet another overall mixed report. Nonetheless, the stock is still up over 30% over the past year, although up just over 10% year to date. Investors continue to be drawn to the stock for its robust dividend. The stock currently has a forward dividend yield of about 6.5%. Let's take dive into Verizon's third-quarter results to see why the stock ...