Why Verizon Stock Topped the Market on Tuesday
The Motley Fool
Verizon's stock price rose nearly 3% on speculation that the company is about to raise its dividend, despite a more than 2% decline in the S&P 500 index. Morgan Stanley analysts expect Verizon to announce a $0.05 annual increase to its quarterly dividend this Thursday, which would put the new quarterly payout at nearly $0.68 per share.
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