Verizon Communications Inc. (NYSE:VZ) Reports Dividend Payout


Verizon Communications Inc. (NYSE:VZ) latest PR states that its stakeholders will get cash payout of $0.565 per share. For the dividend payment, the record date is 2016-07-08, the payment date is 2016-08-01, and the ex-dividend date is 2016-07-06. This news was issued on 2016-06-02.

Shareholders of Verizon Communications Inc. (NYSE:VZ) will have to hold its stock till the ex-dividend date to be eligible for dividend. In last year the company paid a total dividend of $0.565 per share against the dividend payout of $0.565 a share in the comparable period, implying a difference of 3.5047%.

The experts are predicting EPS of $1. Verizon Communications Inc. (NYSE:VZ) has a short-range price target of $53.882, which is the average price of the stock opinions given by 17 analysts. These experts have placed the target range of $42 to $60 for the next year. Due to this, the standard deviation is noted at $4.09 after considering all the price estimates.

It can be explained as the deviation between the bullish and bearish price target as given by analysts. For the period closed on 2015-12-31, Verizon Communications Inc. (NYSE:VZ) reported EPS of $0.94. The firm is likely to post financial figures for the quarter ending on 2016-09-30 on or around 2016-10-18.

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