Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: LNC, COV, VZ
Verizon Communications (NYSE: VZ) shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $46.95 as of 9:30 a.m. ET, the dividend yield is 4.5%. The average volume for Verizon Communications has been 11.4 million shares per day over the past 30 days. Verizon Communications has a market cap of $135.3 billion and is part of the telecommunications industry. Shares are up 9.2% year to date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company has a P/E ratio of 87.54. TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Verizon Communications Ratings Report now.
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