How To Earn $500 A Month From Verizon Stock Ahead Of Q2 Earnings Report
Portfolio Pulse from Avi Kapoor
Verizon Communications Inc. (NYSE: VZ) is set to release its Q2 earnings report on July 22. Analysts expect earnings of $1.15 per share, down from $1.21 a year ago, with revenue projected at $33.06 billion. Scotiabank raised its price target for Verizon from $45.50 to $46.50. Verizon's dividend yield is currently 6.32%, translating to a quarterly dividend of 66 cents per share. Investors would need approximately 2,256 shares, worth $94,910, to earn $500 monthly from dividends.
July 19, 2024 | 12:36 pm
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Verizon is expected to report Q2 earnings of $1.15 per share, down from $1.21 a year ago, with revenue projected at $33.06 billion. Scotiabank raised its price target for Verizon from $45.50 to $46.50. The current dividend yield is 6.32%, with a quarterly dividend of 66 cents per share.
The upcoming earnings report and the raised price target by Scotiabank are likely to generate positive sentiment among investors. The high dividend yield also makes Verizon an attractive option for income-focused investors.
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