Vz stock forecast revisions by major brokerages cite

VZ stock forecast revisions by major brokerages cite stable CAPEX investments in 5G, with a forward P/E near 8 suggesting undervaluation relative to sector peers. 56% of the company is held by a single shareholder (Madarex AG) The firm also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 10th will be issued a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $2.76 dividend on an annualized basis and a yield of 6.3%. This is a boost from Verizon Communications's previous quarterly dividend of $0.68. Verizon Communications's dividend payout ratio (DPR) is presently 63.17%. Professional consensus in the VZ stock forecast highlights regulatory stability in the telecom sector, limiting downside risk in revenue streams.