Verizon Communications (VZ) stock recently hit a new 52-week high of $49.34, marking a 29.09% increase over the past year. The company boasts a P/E ratio of 11.96 and a 5.78% dividend yield, having maintained dividends for 43 consecutive years. Analyst price targets have been adjusted upwards following strong Q4 performance, and Verizon is also reportedly searching for a new head of its consumer division.
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Verizon Communications stock hits 52-week high at $49.14
Verizon Communications (VZ) stock recently hit a new 52-week high of $49.34, marking a 29.09% increase over the past year. The company boasts a P/E ratio of 11.96 and a 5.78% dividend yield, having maintained dividends for 43 consecutive years. Analyst price targets have been adjusted upwards following strong Q4 performance, and Verizon is also reportedly searching for a new head of its consumer division.