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September 01, 2020 10:18am
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Verizon dividend yield at ‘by far’ its highest level in a decade, and a hike could be imminent

The pullback in Verizon Communications Inc.'s stock this year has brought its dividend yield to "by far" its highest level in 10 years at 5.8%, and Morgan Stanley analyst Simon Flannery expects that the company will increase its dividend payout shortly.
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