Tag: communications
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Verizon (VZ) raises dividend 1.9%, its 17th annual increase
The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 66.50 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2023, to Verizon shareholders of record at the close of business on October 10,…
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John Wiley & Sons raises dividend for 30th consecutive year
Wiley(NYSE: WLY and WLYB), a global knowledge company and a leader in research, publishing, and knowledge solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.3500 per share on its Class A and Class B Common Stock, payable on July 20, 2023, to shareholders of record on July 6,…
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John Wiley & Sons (WLY) in transition
Over 80% of the over 200 year old company’s revenue comes from digital platforms. It’s legacy print business is becoming a drag on its bottom line as college enrollment has yet to recover post-pandemic. Furthermore, today’s tight labor market has people questioning the value of a college education when wages in trades now compete with…
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Talk of Amazon (AMZN) mobile service scares wireless telecom investors
Amazon.com may be planning to offer mobile phone service to its Prime subscribers. The Wall Street Journal reported Amazon has been in talks with wireless carriers about providing low-cost or free mobile service as a perk for its loyal customers. This news sent shockwaves through the telecom industry. Shares of AT&T (T), Verizon (VZ) and…
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1st Quarter in the Can
3M remediation in Belgium, AT&T two-way trading, Kinder Morgan backed company files for bankruptcy and much much more!
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AT&T two-way trading begins April 4
Note the date of a special trading period for AT&T shareholders regarding the spinoff of Warner Media. AT&T (T) has a current dividend yield of 4.64% and is rated as “Safe” by SimplySafeDividends. I hold T in my Medium Yield Portfolio. In total T is 0.3% of my portfolio. This event is new to me…