Verizon runs one of the largest wireless and fiber networks in the United States, selling mobile and home internet service to consumers, businesses and government agencies. Its consumer arm sells phone plans along with Fios and Frontier fiber internet and 5G home internet, which beams broadband to homes over its cellular network. Verizon Business sells mobile, networking and security services to companies of every size, including nearly all of the Fortune 500. Most revenue comes from monthly service plans, with more from device sales and installment payments. Verizon was incorporated in 1983 as Bell Atlantic, took the Verizon name in 2000, and is headquartered in New York City.
Company Size
10,001+
Company Stage
IPO
Headquarters
Bernards Township, New Jersey
Founded
1983
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Verizon looks the better high-yield dividend stock than General Mills, despite a lower yield, according to a TIKR analysis. Verizon yields 6.8% against 7.7% at General Mills, but its dividend is still growing. Verizon's dividend took 54% of its $21.53 billion free cash flow over the twelve months to June 30, 2026. Management guides for free cash flow growth of 9% to 10% this year. The stock fell 8.7% on October 9 after SpaceX agreed to buy low-band spectrum for its Starlink phone service. General Mills' dividend took 85% of free cash flow. It plans to hold the payout flat while it cuts debt, and guides for fiscal 2027 adjusted earnings per share of $3.00 to $3.20, down from $4.52 in fiscal 2024. A $10,000 investment pays $770 a year from General Mills and $680 from Verizon.
Enterprise Products Partners is a better high-yield dividend stock than Verizon, according to a TIKR analysis comparing the two. Verizon yields 6.8% at its current rate, against 6.2% for Enterprise. Enterprise's payout grew 4% a year from 2020 to 2025, more than twice Verizon's 1.9%. Its distributable cash flow covered the payout 1.69x in 2025, with 1.91x expected in 2026. It is on track for a 28th straight year of distribution growth, and carries slightly less debt: 3.2x net debt to EBITDA against 3.35x for Verizon. Verizon's dividend looks safe, using 54% of free cash flow. It expects that cash flow to grow 9% to 10% this year, but faces new competition after SpaceX agreed to buy low-band spectrum for Starlink phone service. At their five-year growth rates, Enterprise's income would pass Verizon's around 2030.
Verizon Communications received a $1.5 billion investment from Bain Capital and Tillman Global Holdings to speed up its fiber broadband expansion. The money supports Verizon's integration of Ripple Fiber assets, which add customers and network infrastructure in the Carolinas. It also helps Eaton Fiber reach more than one million additional locations. Verizon targets 32 million fiber passings by 2026 and 40 million to 50 million in the medium term. Investors will watch how quickly it turns new passings into paying broadband customers. Verizon has a market capitalisation of $177.7 billion.
Verizon shares fell after SpaceX bought more wireless spectrum to take its Starlink satellite service directly to phones. AT&T and T-Mobile also dropped, which suggests an industry-wide fear rather than a Verizon-specific problem. Verizon's second-quarter results remain solid. Adjusted EBITDA hit a record $13.7 billion, with a 40.1% margin. It added 184,000 postpaid phone customers, and free cash flow rose 24.4% to $6.4 billion. Revenue slipped 0.7% to $34.3 billion on weaker equipment sales. For a second straight quarter, management raised its full-year outlook. It now expects adjusted EPS of $4.99 to $5.04 and buybacks of up to $4.5 billion. The stock trades at 8.29 times forward earnings, against a sector average of 12.35. Net unsecured debt stood at $128.7 billion. Third-quarter results, due later this month, will show whether satellite competition is starting to bite.
Zayo taps former Verizon Executive Agathoklis Schlock to drive marketing & communications strategy. Zayo, the leading digital infrastructure network provider, today announced the appointment of Mariana Agathoklis Schlock as its first-ever Executive Vice President, Chief Communications & Marketing Officer (CCMO), reporting to Zayo Chief Executive Officer, Sowmyanarayan Sampath. She joins Zayo to elevate the company's brand and commercial visibility as the rapid expansion of the AI economy reshapes global infrastructure demands. In this role, Agathoklis Schlock will lead Zayo's integrated communications, marketing and environmental, social and governance (ESG) functions, strengthening its market presence, and building a unified approach to how the company reaches employees, customers, industry partners, investors, and communities the company serves. Agathoklis Schlock joins Zayo following nearly nine years at Verizon, where she held senior roles across its consumer, business, media, and corporate organizations. Most recently, she served as the Head of Communications for Verizon Consumer, a $100 billion annual revenue business unit. Over the course of her tenure, she helped lead major brand and commercial initiatives, including the public launch of 5G, creation of Verizon Business Small Business Days, and launch of the award-winning Verizon Family campaign. Throughout her career, Agathoklis Schlock has worked at the intersection of brand, reputation, customer engagement, and business strategy, helping organizations navigate transformation and build relevance at scale. Before joining Verizon, she spent 12 years at MTV, where she led communications across corporate, brand, programming, and digital initiatives. Her achievements have earned recognition from PRWeek, Cannes Lions, Digiday, Cynopsis, and other industry organizations. She is a member and mentor with the Institute for Public Relations and a Boston University graduate, where she serves as inaugural co-chair of the 1839 Society. Sowmyanarayan Sampath, Zayo Chief Executive Officer We have a significant opportunity ahead of us as AI drives new infrastructure demand and enterprises look to put AI to work across their businesses. I know firsthand her skill in transforming complex technology into compelling customer and market narratives. Her ability to operate at speed and scale is exactly what Zayo needs as we sharpen our story and capture this market moment. Agathoklis Schlock As AI reshapes how companies operate, their technology backbone becomes even more central to their ability to grow, innovate and compete. Zayo has the physical network, expertise, and talent to lead this transformation and help our customers and industry partners navigate this change. I look forward to building on the strong capabilities of the communications, marketing, and ESG teams as we make Zayo's value unmistakable to customers and the market. Ray Sharma is an Industry Analyst and Editor at The Fast Mode. He has over 15 years of experience in mobile broadband technologies and solutions, conducting research and analysis on various technology segments and producing articles and write-ups on the latest developments within the sector. He is also in charge of social media engagement and industry liaisons. The Fast Mode 9658 likes TWEETS 28.4K FOLLOWING 3479 FOLLOWERS 13.2K