Verizon has paid its quarterly dividend of $0.7075, marking 20 consecutive years of dividend increases and yielding about 5.6%, nearly double the S&P 500 average. The company’s adjusted earnings and free cash flow comfortably cover the dividend payout, with a payout ratio near 56% and free cash flow covering dividends by roughly 1.9 times. However, Verizon’s debt rose to $172.5 billion after its Frontier acquisition, increasing leverage to 2.5 times adjusted EBITDA, which management aims to reduce to 2.0-2.25 times by 2027. Despite the debt concerns, the market seems confident in Verizon’s turnaround, reflected in a 29.71% share price gain year to date.
SpaceX announced an $8 billion deal for nationwide 800 MHz spectrum, intensifying competition for Verizon ahead of its Q3 earnings report on October 26. Verizon has shown steady growth with improved revenue and reduced churn, but SpaceX's entry with ...
AT&T reported Q3 2026 results beating revenue and profit expectations and raised its full-year profit outlook, but its shares dropped 5%. The decline reflects a non-cash impairment charge related to its Mexico wireless business, which AT&T is selling...
Retirees are increasingly turning to high-yield dividend stocks from diverse industries to supplement income beyond Social Security's fixed cost-of-living adjustments. Stocks like Verizon, Altria, AbbVie, Realty Income, and Enbridge offer yields from...
With the 10-year Treasury yield at 5.09%, investors seeking retirement income need dividend stocks that offer higher, cash-flow-backed payouts. Five large-cap stocks stand out for their safety and yields above 5%: Realty Income with monthly dividends...
Nine companies, including Broadcom and Verizon, have formally objected to the listing of tokenized versions of their shares by the OKX-ICE blockchain exchange. These tokenized stocks represent digital versions of shares but may lack shareholder right...
