Name of opportunity: 👀
Verizon Communications, Inc
Big dividend payouts: 💸
Verizon has been consistent when it comes to paying dividends, which is great for income-focused investors. The company has increased its dividend payout for 18 consecutive years, too. Right now, the yield is 6.01% which is above average. If you invested $1000, you would be paid $60.10 a year in dividends (based on the last 12 months).
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Verizon Communications Inc. will increase from $44.13 to $44.78 in the next 12 months. If you invested $1000, you might profit $16.21.
While this would be a modest increase of 1.62%, it’s still an indicator that investors believe Verizon should be priced higher than it is.
Verizon has been in the news today, announcing a deal with United States Cellular. Verizon will buy some of the mobile network operator’s spectrum licences for $1 billion. ‘Spectrum’ assets refers to radio frequencies used for mobile phone signals and high speed data services. Verizon is already the largest wireless carrier in the US, and this will expand its network capacity. Over the course of the day, the value of the stock has gone up with a slight increase of 0.52%.
Hey, how are you?: 📱
Verizon Communications Inc. is a holding company. The company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies. It is the world's second-largest telecommunications company by revenue, and its mobile network has over 14 million subscribers.
Which neme?: 🔍
‘Low Volatility Stocks’, ‘Top Dividend Paying Stocks’
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