logo
#

Latest news with #VZ

Top Wall Street analysts suggest these dividend stocks for stable income
Top Wall Street analysts suggest these dividend stocks for stable income

CNBC

time5 hours ago

  • Business
  • CNBC

Top Wall Street analysts suggest these dividend stocks for stable income

Trade negotiations and heightened geopolitical conflict are weighing on market sentiment, but investors seeking stable income can solidify their portfolios through the addition of dividend stocks. Tracking the recommendations of top Wall Street analysts could inform investors as they hunt for attractive dividend stocks, given that the investment thesis of these experts is backed by an in-depth analysis of a company's fundamentals. Here are three dividend-paying stocks, highlighted by Wall Street's top pros, as tracked by TipRanks, a platform that ranks analysts based on their past performance. Telecom giant Verizon Communications (VZ) is this week's first dividend pick. The company recently declared a quarterly dividend of $0.6775 per share, payable on Aug. 1. VZ stock offers a dividend yield of 6.3%. Following a meeting with Verizon management, Citi analyst Michael Rollins noted that the company is upbeat about bolstering its leadership in broadband and converged services over the next few years. The company aims to double its converged wireless subscriptions (customers having both wireless and broadband subscriptions) from the current level of 16% to 17% of its customer base over the next three years. Given the ongoing promotional backdrop in the wireless space, Rollins noted that competitive data points are still mixed. Nonetheless, Verizon is highly focused on customer retention and improving churn to rebound to its BAU (business as usual) levels in the second half of this year, partly supported by its new upgrade program. Rollins noted that Verizon is optimistic about improvement in its performance in the second half of the year and continues to expect to add more postpaid phone subscriptions in 2025 compared to the previous year. The analyst sees the possibility of Q3 results, and not the Q2 performance, acting as a catalyst for Verizon stock, if the loss of postpaid phone customers starts to recede. Rollins continues to expect Verizon to lose 75,000 postpaid phone customers in the second quarter. Overall, Rollins is bullish on VZ's long-term growth potential, noting the "under-appreciated value for its financial prospects." The analyst reaffirmed a buy rating on Verizon stock with a price target of $48. Interestingly, TipRanks' AI analyst has a buy recommendation on VZ stock, with an expectation of a 14.3% upside. Rollins ranks No. 249 among more than 9,600 analysts tracked by TipRanks. His ratings have been profitable 69% of the time, delivering an average return of 12.7%. See Verizon Insider Trading Activity on TipRanks. Let's move to the next dividend stock: Restaurant Brands International (QSR). This is a quick-service restaurant chain that owns iconic brands like Tim Hortons and Burger King. QSR offers a quarterly dividend of 62 cents per share. At an annualized dividend of $2.48 per share, QSR's dividend yield stands at about 3.7%. In May, Restaurant Brands said that it still expects to achieve its long-term algorithm, which projects 8% organic adjusted operating income growth on average between 2024 and 2028. Evercore analyst David Palmer said that the company can deliver on-algorithm 8% profit growth in both 2025 and 2026, despite his estimates indicating below-algorithm systemwide sales growth of 5% and 6% in 2025 and 2026, respectively. He explained that despite lower sales, the company could achieve its profitability target in 2025 due to its cost management and lower stock-based compensation. Palmer added that with QSR stock trading at significant discount to Yum Brands and McDonald's, he sees the company's earnings delivery as "step one to upside." He also highlighted other catalysts for QSR stock, including ongoing above-consensus International same-store sales growth, positive same-store sales growth for Burger King U.S. and Tim Hortons Canada, and a resale of the China business, which is expected to drive improved income in 2026. Overall, Palmer is bullish on QSR stock and reiterated a buy rating with a price target of $86, which reflects a P/E (price-to-earnings) multiple of 23x and 22x based on 2025 and 2026 earnings estimates, respectively. The analyst contends that QSR commands a valuation multiple closer to rivals that are currently trading at 24x or higher. Palmer ranks No. 632 among more than 9,600 analysts tracked by TipRanks. His ratings have been successful 63% of the time, delivering an average return of 7.1%. See Restaurant Brands International Technical Analysis on TipRanks. Finally let's look at EOG Resources (EOG), a crude oil and natural gas exploration and production company with proved reserves in the U.S. and Trinidad. The company recently announced a deal to acquire Encino Acquisition Partners for $5.6 billion. The company highlighted that this deal's accretion to its free cash flow supports its commitment to shareholder returns. Notably, EOG announced a 5% increase in its dividend to $1.02 per share, payable on Oct. 31. EOG stock offers a dividend yield of 3.1%. Reacting to the Encino acquisition, RBC Capital analyst Scott Hanold said, "Encino's assets makes sense from a strategic and value adding perspective, in our view." The analyst reiterated a buy rating on EOG stock with a price target of $145. TipRanks' AI analyst has a buy rating on EOG Resources with a price target of $132. Hanold highlighted that the deal increases EOG's Utica position to a combined acreage of 1.1 million acres, producing 275 Mboe/d (million barrels of oil equivalent per day). The analyst expects the combined acreage in Utica to surpass 300 Mboe/d by early 2026, which is second only to EOG's Permian position. Hanold expects scaled development to begin in 2026. The analyst added that following the acquisition, EOG's net debt to book capital stands at 0.3x, with the company still boasting a peer-leading leverage ratio and balance sheet. Hanold pointed out management's commentary about shareholder returns remaining similar to those of recent quarters at 100% of free cash flow, with buybacks continuing to be a priority. He also noted the 5% rise in EOG's fixed dividend. Hanold ranks No. 15 among more than 9,600 analysts tracked by TipRanks. His ratings have been profitable 69% of the time, delivering an average return of 29.6%. See EOG Resources Stock Buybacks on TipRanks.

Verizon Communications Inc. (VZ) Declared Quarterly Dividend
Verizon Communications Inc. (VZ) Declared Quarterly Dividend

Yahoo

time4 days ago

  • Business
  • Yahoo

Verizon Communications Inc. (VZ) Declared Quarterly Dividend

Verizon Communications Inc. (NYSE:VZ) is one of the best Dow stocks to invest in. On June 6, Verizon Communications Inc. (NYSE:VZ) declared a quarterly dividend of $0.6775 per share, which was in line with its previous dividend. Photo by Dan Dennis on Unsplash While the company didn't raise its dividend this time around, it has maintained a consistent track record, increasing it for 18 straight years. This steady growth has been supported, in part, by its strong cash position. In the most recent quarter, Verizon Communications Inc. (NYSE:VZ) posted solid financial results, with operating cash flow rising to $7.8 billion, up from $7.1 billion in the same period last year. Free cash flow also improved, climbing from $2.7 billion to $3.6 billion. Chairman and CEO Hans Vestberg made the following comment regarding the company's dividend policy: 'As the nation's leader in mobility and broadband for consumers and businesses, we create great experiences for a broad and high-quality base of customers. This allows us to continue paying our dividend even in uncertain economic environments, while investing in our business to extend our network leadership, enhance America's communications infrastructure and meet the present and future needs of all our customers.' Verizon Communications Inc. (NYSE:VZ) is maintaining a focused and thoughtful strategy to reach its financial objectives by concentrating on specific customer groups and tailoring its services for a more personalized experience. With a solid financial foundation, the company keeps reinvesting in its operations and advancing innovation to enhance customer service. VZ has surged by nearly 10% since the start of 2025. While we acknowledge the potential of VZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Volkswagen Group's first Australian EV hatch says adios for now
Volkswagen Group's first Australian EV hatch says adios for now

The Advertiser

time7 days ago

  • Automotive
  • The Advertiser

Volkswagen Group's first Australian EV hatch says adios for now

The Cupra Born is no longer on the company's Australian website, and Volkswagen Group Australia (VGA) confirmed the electric hatch is no longer on sale in Australia now that local stocks of the car have run dry. That said, the Born may not be away for too long. In March this year, Cupra said it was pushing back the launch the Born VZ hot hatch from May to December 2025. "Planning for the next evolution of the Born – including the performance VZ – continues," said VGA in a statement. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. With the Born gone from the local range, Cupra's only pure electric offering right now is the Tavascan SUV. The Born made its global debut in 2021, and was launched in Australia at the end of 2022. While the Born is available in Europe with a variety of motor and battery options, local models all come equipped with a 77kWh battery and a 170kW motor driving rear wheels. A 240kW/545Nm motor drives the rear wheels in the Born VZ currently sold in Europe. Under the skin, the Born uses the Volkswagen Group's MEB all-electric architecture, which underpins all of the German automaker's EVs apart from a few models from Audi and Porsche. The Born's closest relation is the Volkswagen ID.3 hatch, which is not sold here. Both cars share their drivetrains, overall silhouette, much of their underlying structure, and doors. From its launch in December 2022 to the end of May 2025, 1654 Borns have been sold in Australia. The Born's best sales performance was in 2023, its first full year on sale, when 887 found new homes. For this calendar year until the end of May, the Born (301) is Cupra's second-best selling model behind the Formentor SUV (686). In the broader EV context, the Born is well behind the market leaders: Tesla Model Y (6974), Model 3 (2583), and Kia EV5 (2212). But if we look at just electric hatchbacks, its performance isn't too bad. It's behind the MG 4 (2017), BYD Dolphin (776), and Hyundai Ioniq 5 (364), but ahead of the Kia EV6 (228), GWM Ora (271), Renault Megane E-Tech (138), and Nissan Leaf (62). We know this list includes an eclectic range of models across a variety of sizes and price points, some of which are marketed as SUVs, but pinning down price points can a little tricky as EV pricing tends to move around quite a bit. Priced at $59,990 before on-road costs since its local launch, the Born had been available for the last few months for $47,090 drive-away. MORE: Everything Cupra Born Content originally sourced from: The Cupra Born is no longer on the company's Australian website, and Volkswagen Group Australia (VGA) confirmed the electric hatch is no longer on sale in Australia now that local stocks of the car have run dry. That said, the Born may not be away for too long. In March this year, Cupra said it was pushing back the launch the Born VZ hot hatch from May to December 2025. "Planning for the next evolution of the Born – including the performance VZ – continues," said VGA in a statement. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. With the Born gone from the local range, Cupra's only pure electric offering right now is the Tavascan SUV. The Born made its global debut in 2021, and was launched in Australia at the end of 2022. While the Born is available in Europe with a variety of motor and battery options, local models all come equipped with a 77kWh battery and a 170kW motor driving rear wheels. A 240kW/545Nm motor drives the rear wheels in the Born VZ currently sold in Europe. Under the skin, the Born uses the Volkswagen Group's MEB all-electric architecture, which underpins all of the German automaker's EVs apart from a few models from Audi and Porsche. The Born's closest relation is the Volkswagen ID.3 hatch, which is not sold here. Both cars share their drivetrains, overall silhouette, much of their underlying structure, and doors. From its launch in December 2022 to the end of May 2025, 1654 Borns have been sold in Australia. The Born's best sales performance was in 2023, its first full year on sale, when 887 found new homes. For this calendar year until the end of May, the Born (301) is Cupra's second-best selling model behind the Formentor SUV (686). In the broader EV context, the Born is well behind the market leaders: Tesla Model Y (6974), Model 3 (2583), and Kia EV5 (2212). But if we look at just electric hatchbacks, its performance isn't too bad. It's behind the MG 4 (2017), BYD Dolphin (776), and Hyundai Ioniq 5 (364), but ahead of the Kia EV6 (228), GWM Ora (271), Renault Megane E-Tech (138), and Nissan Leaf (62). We know this list includes an eclectic range of models across a variety of sizes and price points, some of which are marketed as SUVs, but pinning down price points can a little tricky as EV pricing tends to move around quite a bit. Priced at $59,990 before on-road costs since its local launch, the Born had been available for the last few months for $47,090 drive-away. MORE: Everything Cupra Born Content originally sourced from: The Cupra Born is no longer on the company's Australian website, and Volkswagen Group Australia (VGA) confirmed the electric hatch is no longer on sale in Australia now that local stocks of the car have run dry. That said, the Born may not be away for too long. In March this year, Cupra said it was pushing back the launch the Born VZ hot hatch from May to December 2025. "Planning for the next evolution of the Born – including the performance VZ – continues," said VGA in a statement. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. With the Born gone from the local range, Cupra's only pure electric offering right now is the Tavascan SUV. The Born made its global debut in 2021, and was launched in Australia at the end of 2022. While the Born is available in Europe with a variety of motor and battery options, local models all come equipped with a 77kWh battery and a 170kW motor driving rear wheels. A 240kW/545Nm motor drives the rear wheels in the Born VZ currently sold in Europe. Under the skin, the Born uses the Volkswagen Group's MEB all-electric architecture, which underpins all of the German automaker's EVs apart from a few models from Audi and Porsche. The Born's closest relation is the Volkswagen ID.3 hatch, which is not sold here. Both cars share their drivetrains, overall silhouette, much of their underlying structure, and doors. From its launch in December 2022 to the end of May 2025, 1654 Borns have been sold in Australia. The Born's best sales performance was in 2023, its first full year on sale, when 887 found new homes. For this calendar year until the end of May, the Born (301) is Cupra's second-best selling model behind the Formentor SUV (686). In the broader EV context, the Born is well behind the market leaders: Tesla Model Y (6974), Model 3 (2583), and Kia EV5 (2212). But if we look at just electric hatchbacks, its performance isn't too bad. It's behind the MG 4 (2017), BYD Dolphin (776), and Hyundai Ioniq 5 (364), but ahead of the Kia EV6 (228), GWM Ora (271), Renault Megane E-Tech (138), and Nissan Leaf (62). We know this list includes an eclectic range of models across a variety of sizes and price points, some of which are marketed as SUVs, but pinning down price points can a little tricky as EV pricing tends to move around quite a bit. Priced at $59,990 before on-road costs since its local launch, the Born had been available for the last few months for $47,090 drive-away. MORE: Everything Cupra Born Content originally sourced from: The Cupra Born is no longer on the company's Australian website, and Volkswagen Group Australia (VGA) confirmed the electric hatch is no longer on sale in Australia now that local stocks of the car have run dry. That said, the Born may not be away for too long. In March this year, Cupra said it was pushing back the launch the Born VZ hot hatch from May to December 2025. "Planning for the next evolution of the Born – including the performance VZ – continues," said VGA in a statement. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. With the Born gone from the local range, Cupra's only pure electric offering right now is the Tavascan SUV. The Born made its global debut in 2021, and was launched in Australia at the end of 2022. While the Born is available in Europe with a variety of motor and battery options, local models all come equipped with a 77kWh battery and a 170kW motor driving rear wheels. A 240kW/545Nm motor drives the rear wheels in the Born VZ currently sold in Europe. Under the skin, the Born uses the Volkswagen Group's MEB all-electric architecture, which underpins all of the German automaker's EVs apart from a few models from Audi and Porsche. The Born's closest relation is the Volkswagen ID.3 hatch, which is not sold here. Both cars share their drivetrains, overall silhouette, much of their underlying structure, and doors. From its launch in December 2022 to the end of May 2025, 1654 Borns have been sold in Australia. The Born's best sales performance was in 2023, its first full year on sale, when 887 found new homes. For this calendar year until the end of May, the Born (301) is Cupra's second-best selling model behind the Formentor SUV (686). In the broader EV context, the Born is well behind the market leaders: Tesla Model Y (6974), Model 3 (2583), and Kia EV5 (2212). But if we look at just electric hatchbacks, its performance isn't too bad. It's behind the MG 4 (2017), BYD Dolphin (776), and Hyundai Ioniq 5 (364), but ahead of the Kia EV6 (228), GWM Ora (271), Renault Megane E-Tech (138), and Nissan Leaf (62). We know this list includes an eclectic range of models across a variety of sizes and price points, some of which are marketed as SUVs, but pinning down price points can a little tricky as EV pricing tends to move around quite a bit. Priced at $59,990 before on-road costs since its local launch, the Born had been available for the last few months for $47,090 drive-away. MORE: Everything Cupra Born Content originally sourced from:

Volkswagen Group's first Australian EV hatch says adios for now
Volkswagen Group's first Australian EV hatch says adios for now

Perth Now

time7 days ago

  • Automotive
  • Perth Now

Volkswagen Group's first Australian EV hatch says adios for now

The Cupra Born is no longer on the company's Australian website, and Volkswagen Australia has confirmed the electric hatch is no longer on sale in Australia now that local stocks of the car have run dry. That said, the Born may not be away for too long. In March this year, Cupra said it was pushing back the launch the Born VZ hot hatch from May to December 2025. A Cupra spokesperson told CarExpert, 'Planning for the next evolution of the Born – including the performance VZ — continues'. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert With the Born gone from the local range, Cupra's only pure electric offering right now is the Tavascan SUV. The Born made its global debut in 2021, and was launched in Australia at the end of 2022. While the Born is available in Europe with a variety of motor and battery options, local models all come equipped with a 77kWh battery and a 170kW motor driving rear wheels. A 240kW/545Nm motor drives the rear wheels in the Born VZ currently sold in Europe. Under the skin, the Born uses the Volkswagen Group's MEB all-electric architecture, which underpins all of the automaker's EVs apart from a few models from Audi and Porsche. The Born's closest relation is the Volkswagen ID.3. Both cars share drivetrains, overall silhouette, much of their underlying structure, and doors. Supplied Credit: CarExpert From its launch in December 2022 to the end of May 2025, 1654 Borns have been sold in Australia. The Born's best performance was in 2023, its first full year on sale, when 887 found new homes. For this calendar year until the end of May, the Born (301) is Cupra's second-best selling model behind the Formentor SUV (686). In the broader EV context, the Born is well behind the market leaders: Tesla Model Y (6974), Model 3 (2583), and Kia EV5 (2212). But if we look at just electric hatchbacks, its performance isn't too bad. It's behind the MG 4 (2017), BYD Dolphin (776), and Hyundai Ioniq 5 (364), but ahead of the Kia EV6 (228), GWM Ora (271), Renault Megane E-Tech (138), and Nissan Leaf (62). We know this list includes an eclectic range of models across a variety of sizes and price points, some of which are marketed as SUVs, but pinning down price points can a little tricky as EV pricing tends to move around quite a bit. Priced at $59,990 before on-road costs since its local launch, the Born had been available for the last few months for $47,090 drive-away. MORE: Everything Cupra Born

Volkswagen Group's first Australian EV hatch says adios for now
Volkswagen Group's first Australian EV hatch says adios for now

West Australian

time7 days ago

  • Automotive
  • West Australian

Volkswagen Group's first Australian EV hatch says adios for now

The Cupra Born is no longer on the company's Australian website, and Volkswagen Australia has confirmed the electric hatch is no longer on sale in Australia now that local stocks of the car have run dry. That said, the Born may not be away for too long. In March this year, Cupra said it was pushing back the launch the Born VZ hot hatch from May to December 2025. A Cupra spokesperson told CarExpert, 'Planning for the next evolution of the Born – including the performance VZ — continues'. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now . With the Born gone from the local range, Cupra's only pure electric offering right now is the Tavascan SUV . The Born made its global debut in 2021, and was launched in Australia at the end of 2022. While the Born is available in Europe with a variety of motor and battery options, local models all come equipped with a 77kWh battery and a 170kW motor driving rear wheels. A 240kW/545Nm motor drives the rear wheels in the Born VZ currently sold in Europe. Under the skin, the Born uses the Volkswagen Group's MEB all-electric architecture, which underpins all of the automaker's EVs apart from a few models from Audi and Porsche. The Born's closest relation is the Volkswagen ID.3. Both cars share drivetrains, overall silhouette, much of their underlying structure, and doors. From its launch in December 2022 to the end of May 2025, 1654 Borns have been sold in Australia. The Born's best performance was in 2023, its first full year on sale, when 887 found new homes. For this calendar year until the end of May, the Born (301) is Cupra's second-best selling model behind the Formentor SUV (686). In the broader EV context, the Born is well behind the market leaders: Tesla Model Y (6974), Model 3 (2583), and Kia EV5 (2212). But if we look at just electric hatchbacks, its performance isn't too bad. It's behind the MG 4 (2017), BYD Dolphin (776), and Hyundai Ioniq 5 (364), but ahead of the Kia EV6 (228), GWM Ora (271), Renault Megane E-Tech (138), and Nissan Leaf (62). We know this list includes an eclectic range of models across a variety of sizes and price points, but pinning down the latter can a little tricky as EV pricing tends to move around quite a bit. Priced at $59,990 before on-road costs since its local launch, the Born had been available for the last few months for $47,090 drive-away. MORE: Everything Cupra Born

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store