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Verizon Communications Inc. Verizon Communications Inc., commonly known as Verizon ( / vəˈraɪzən / və-RY-zən ), is an American multinational telecommunications conglomerate based at 1095 Avenue of the Americas in Midtown Manhattan, New York City. [3] Verizon's capital stock is a component of the Dow Jones Industrial Average. [10]
The company went public in 1978 on the New York Stock Exchange. In 1985, Century Telephone sold several subsidiaries to Colonial Telephone for $4.66 million. In 1987, the stock price rapidly increased from its low that year, before dropping in the 1987 stock market crash. Earnings grow each year from their 1983 low, and by 1987 they reached ...
Verizon shareholders are receiving payouts of $2.66 per share yearly. At the current price, that amounts to a dividend yield of 6.6%, more than five times the S&P 500 's average yield of 1.3%. On ...
GTE.com. GTE Corporation, formerly General Telephone & Electronics Corporation (1955–1982), [1] was the largest independent telephone company in the United States during the days of the Bell System. The company operated from 1926, with roots tracing further back than that, until 2000, when it was acquired by Bell Atlantic; the combined ...
Verizon Communications: A top income stock Verizon, the largest wireless U.S. company by market share, hasn't been a great performer for investors over the prior 10 years.
The stock of Verizon Communications (NYSE:VZ, 30-year Financials) is estimated to be fairly valued, according to GuruFocus Value calculation.
AirTouch Communications was an American wireless telephone service provider, created as a spin-off of Pacific Telesis on April 1, 1994. Its headquarters were located in the One California building in the Financial District of San Francisco, California. [2] After a series of mergers, the company's vestiges are now part of Verizon .
MCI, Inc. (formerly WorldCom and MCI WorldCom) was a telecommunications company. For a time, it was the second-largest long-distance telephone company in the United States, after AT&T. WorldCom grew largely by acquiring other telecommunications companies, including MCI Communications in 1998, and filed for bankruptcy in 2002 after an accounting ...