E Daily Stock Analysis: Verizon Communication

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The portfolio of stocks I started building on September 8, at a one stock per week pace for the next year, is named Vista.  I will select the twenty-first stock for Vista this weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today we look at a very large-cap telecom services company named Verizon Communications Inc. Its trading ticker symbol is VZ. This is my first report on Verizon Communications Inc for this portfolio. 

Verizon is now primarily a wireless business (70% of revenue and nearly all operating income). It serves about 89 million postpaid and 4 million prepaid phone customers and connects another 24 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. 

'Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%).

Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo provide the remainder of revenue.

The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. 

The company was founded in 1983 and is headquartered in New York, New York.

I use three key data points to gauge dividend equities or funds like Verizon Communications Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

VZ Price

Verizon's price per share closed at $55.41 yesterday. A year ago its price was $59.53. Price fell $4.12 or about 7% last year. 

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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