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Nevertheless, a deeper evaluate its funds might not bode very well for the dividend. And provided its enterprise situations along with the general performance of the essential competitor, reducing the payout may be an even better selection for Verizon. This is why.
The battery-mobile developer mentioned that it was "rightsizing the Business" as A part of broader cost-conserving steps, which is predicted to scale back its cash melt away amount by fifty%.
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These kinds of expenses connect with into concern regardless of whether Verizon can afford its payout in excess of the long term. By way of example, T-Cell's stock radically outperformed Verizon's and AT&T's over the last couple of years -- and it failed to fork out a dividend in the course of that point.
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