Current status of telecommunications companies generating regular cash flow
VZ Verizon Communications Inc
$46.31 +0.54%
View chart & analysis → - 1Telecommunications companies generate regular cash flow due to a loyal customer base that pays monthly fees regardless of market conditions.
- 2Verizon Communications raised its annual revenue guidance during the recently ended third fiscal quarter.
- 3Comcast did not increase its dividend per share earlier this year.
So what's the key point?
Telecommunications companies earn steady money because many customers pay monthly fees. Verizon Communications raised its revenue outlook for this year, while Comcast did not raise its dividend per share.
Source The Motley Fool +1 · View original ↗
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