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Stock impact report

Think It's Too Late to Buy Verizon? Here's the Biggest Reason Why There's Still Time. [Yahoo! Finance]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: Yahoo! Finance
That has outperformed the S&P 500 's (SNPINDEX: ^GSPC) more than 20% rally during that period. You might be wondering if it's too late to invest in Verizon . Here's why you still have plenty of time to buy the telecom stock Verizon has spent the past several years investing heavily in building out faster 5G and fiber networks to better compete with rivals like AT&T . That heavy investment phase put some pressure on its balance sheet as its leverage ratio rose. That caused concerns about whether Verizon could continue paying and growing its lucrative dividend (more than 6% current yield and 18 years of growth). However, those investments finally started paying dividends last year. Verizon added more than 1 million new postpaid mobile and broadband subscribers in the fourth quarter, its best quarterly result in over a decade. The company also delivered improved profitability and strong free cash flow as its capital spending declined. That enabled the telecom company to produce sig Show less Read more
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