Verizon Stock To Go Ex-dividend Monday (VZ)

NEW YORK ( TheStreet) -- The ex-dividend date for Verizon Communications (NYSE: VZ) is Monday, July 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 52 cents per share. At a price of $50.88 as of 9:51 a.m. ET, the dividend yield is 4.1%.

The average volume for Verizon has been 12.7 million shares per day over the past 30 days. Verizon has a market cap of $150.25 billion and is part of the technology sector and telecommunications industry. Shares are up 17.9% year to date as of the close of trading on Wednesday.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide.

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TheStreet Ratings rates Verizon 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 increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Verizon Ratings Report.

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