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Verizon (VZ) Gets Target Hike From TD Cowen on Better-Than-Expected Phone Adds
Yahoo Finance· 2026-02-11 15:37
Core Insights - Verizon Communications Inc. has been recognized among the Dividend Champions, Contenders, and Challengers List, highlighting its strong dividend yield [1] - TD Cowen raised its price target for Verizon from $51 to $54, maintaining a Buy rating due to better-than-expected phone subscriber additions in Q4, despite some impact on EBITDA [2] - Verizon reported its strongest net customer additions since 2019 in Q4 2025, meeting its full-year guidance, which is a significant indicator of telecom growth [3] Financial Performance - Verizon's operating revenue for the full year increased by 2.5% to $138.2 billion, with a notable 12% rise in share price on the earnings release day [4] - The company generated $20.1 billion in free cash flow over the past year, up from $19.8 billion the previous year, providing a solid cushion for dividend payments of approximately $11.6 billion [5] Strategic Developments - Verizon completed its acquisition of Frontier Communications in January, which enhances its fiber footprint and supports long-term growth strategies [4] - The company operates as a holding entity providing a range of communication, technology, information, and streaming services to various customer segments [6]
Verizon Communications (VZ) Announces an Increase in Quarterly Dividend
Yahoo Finance· 2025-09-11 16:49
Group 1 - Verizon Communications Inc. announced a quarterly dividend increase to 69 cents per share, marking a 1.25 cent increase from the previous quarter, to be paid on November 3, 2025 [1] - This increase represents the 19th consecutive annual dividend increase by the company, reflecting its strong balance sheet and operational performance [2] - The CEO, Hans Vestberg, emphasized the company's commitment to shareholders and its efforts to maintain network superiority [2] Group 2 - Verizon is a major telecommunications company providing wireless and wireline communication services, including broadband internet through 4G and 5G networks [3]