Verizon's Trading Volume Drops 43.27% to $710 Million Ranking 118th in Stock Market

Market BriefThursday, Apr 24, 2025 7:30 pm ET
1min read

On April 24, 2025, Verizon's trading volume reached $710 million, a 43.27% decrease from the previous day, ranking 118th in the day's stock market. Verizon's stock price rose by 0.26%.

Verizon reported robust financial growth in the first quarter of 2025, driven by its industry-leading wireless service revenue. The company's customer segmentation strategy has been a key factor in its successful financial performance, and Verizon remains confident in its full-year 2025 guidance. This confidence is bolstered by innovative and segmented product offerings that continue to drive growth.

Verizon is set to report its first-quarter earnings on April 22, 2025, at 8:30 a.m. ET. The company will provide detailed financial results and insights during this earnings call, which will be available via webcast. Materials related to the earnings report will be accessible starting at 7:00 a.m. on Verizon’s Investor Relations site.

Verizon has announced plans to redeem all of its outstanding 2.625% Notes due August 15, 2026. The redemption will take place on April 23, 2025, reflecting the company's proactive approach to managing its debt obligations. Additionally, Verizon has previously redeemed its Floating Rate Notes due May 15, 2025, on March 18, 2025, further demonstrating its commitment to financial stability.

Verizon has maintained its quarterly dividend at 67.75 cents per share for the first quarter of 2025. The company paid out $11.2 billion in dividends in 2024, showcasing its strong financial performance and commitment to returning value to shareholders. This dividend payout is supported by Verizon's doubled wireless net additions and growth in broadband market share, highlighting the company's continued success in the telecommunications sector.

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