Verizon Communications Inc. (NYSE:VZ) will begin trading ex-dividend on July 9, 2020. The quarterly dividend payment of $ 0.615 per share is scheduled to be paid on August 3, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on July 9, 2020.
Dividends History
wpDataTable with provided ID not found!Recent Earnings Announcement
Verizon Communications Inc. came out with income for the first quarter of $ 1.26 per share, from the revenue of $ 31,610.00 million. The quarterly earnings grew 5.00 percent while revenues down 1.61 percent compared with the same quarter last year.
Wall street analysts are predicting, VZ to report 1Q20 income of $ 1.23 per share from revenue of $ 32402.40 million. The bottom line results beat street analysts by $ 0.03 or 2.44 percent, at the same time, top line results fell short of analysts by $ 792.4 million or 2.45 percent.
Stock Performance
According to the previous trading day, closing price of VZ was $ 55.38, representing a 13.39 % increase from the 52 week low of $ 48.84 and a 10.99 % decrease over the 52 week high of $ 62.22.
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The company has a market capital of $ 229.16 billion and is part of the Communication Services sector and Telecom Services industry.
Verizon Communications Inc., through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The companys Wireless segment provides wireless voice and data services; Internet access on various notebook computers and tablets; international travel wireless services; and network access services to deliver various Internet of Things products and services, as well as offers digital advertising and digital media services platforms. This segment also provides wireless devices, including smartphones and basic phones, wearables, and tablets and other Internet access devices.
