(Reuters) -Verizon’s fourth-quarter results will take a $5.8 billion hit from charges related to a write down in the value of its unit that caters to businesses and government clients due to declining wireline revenue, the U.S. telecom firm said. The move follows a five-year review of the unit that showed its financial projections were […]
Tag: Verizons
Here’s What Verizon’s CEO Has to Say About the Stock’s Incredibly High 7% Yield
Businessman showing chart to co-worker. When dividend stocks offer high yields, investors primarily take notice for a couple of reasons. One, they could find the yield enticing. A generous dividend, with respect to the share price paid, can become a significant source of income for their portfolios. The other reason, antithetically, could be a general […]