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SYM Financial Corp boosts Verizon stake; company reports strong earnings, revenue growth, and dividend.
SYM Financial Corp increased its stake in Verizon Communications by 268 shares in the first quarter, totaling 6,921 shares worth about $314,000.
Verizon reported earnings of $1.22 per share, beating estimates by $0.03, and saw a 5.2% rise in revenue to $34.50 billion.
The company also announced a quarterly dividend of $0.6775 per share, with a yield of 6.32%.
Institutional investors own 62.06% of Verizon's shares.
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SYM Financial Corp aumenta su participación en Verizon; la compañía reporta fuertes ganancias, crecimiento de ingresos y dividendos.