Verizon Communications Inc. (VZ)

14.01963
Shares Owned
$849.34
Cost Basis
-$44.19 (-5.20%)
Total Gain/Loss
$17.01
Earned Dividends
Company Overview

Verizon Communications Inc. is an American multinational telecommunications conglomerate based in Midtown Manhattan, New York City. In 2015, Verizon expanded into content ownership by acquiring AOL, and two years later it acquired Yahoo!. As of 2016, Verizon is one of three remaining companies that had their roots in the former Baby Bells. Its subsidiary, Verizon Wireless, is the second largest U.S. wireless communications service provider as of April 2019, with 153.1 million mobile customers. As of 2017, it is also the second largest telecommunications company by revenue after AT&T. Wikipedia

Why Verizon?

Telecommunications company. Quality service – expensive compared to other providers. Access to highest quality network in the country. Working to introduce a Credit Card (details pending). Had contracts in place to sell highly anticipated phones only such as the Google Pixel phones and the first 5G phone (?). Great Dividend.

Change Log

Dividend = $8.62

May 1, 2020

Invested = $9.23 ; Purchased = 0.15796 shares @ $58.43

February 18, 2020

Invested = $4.77 ; Purchased = 0.08188 shares @ $58.25

February 4, 2020

Dividend = $8.39

February 3, 2020

Invested = $7.73 ; Purchased = 0.13024 shares @ $59.35

January 16, 2020

Invested = $389.18 ; Purchased = 6.3706 shares @ $61.09

January 2, 2020

Invested = $126.77 ; Purchased = 2.10756 shares @ $60.15

December 4, 2019

Invested = $27.21 ; Purchased = 0.45962 shares @ $59.20

November 15, 2019

Dividend = $2.90

November 1, 2019

Invested = $284.45 ; Purchased = 4.71177 shares @ $60.37

September 23, 2019

*New Position Started*