Vz futures posted mild gains after analysts
VZ futures posted mild gains after analysts upgraded outlooks citing improved ARPU metrics in the telecom industry. Technical traders see a breakout possibility if volume surpasses the 2-week average of 4.5M contracts. Currently paying a dividend of $0.69 per share, Verizon Communications (VZ) has a dividend yield of 6.17%. This is compared to the Wireless National industry's yield of 0% and the S&P 500's current yield. Annualized dividend growth for the company in the past year was 1.88%. Check Verizon Communications dividend history here>>> The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Technical levels for VZ futures indicate solid support around $32.75 and resistance near $33.
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