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Verizon Communications Inc. (NYSE:VZ) will release earnings for its first quarter before the opening bell on Monday, April 27.
Verizon is expected to report Q1 earnings of $1.21 per share, up from $1.19 last year.
KEY POINTS
- Barclays raised Verizon’s price target from $43 to $47 ahead of earnings release.
- Verizon currently has an annual dividend yield of 5.99%, or $2.83 per share annually.
- To earn $500 monthly from dividends, an investor needs about 2,120 Verizon shares, costing $100,106.
COMPANIES
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