Verizon Communications Stock Hits 13-Year Low After Dividends

Verizon Communications Stock Hits 13-Year Low After Dividends

1
Verizon Communications stock price slid 3% in intraday and currently trades at $30.85. 
2
Verizon Communications’ share (NYSE: VZ) price delivered a dividend of $0.665 on 6th October, 2023. 
3
The Stock price hit a 13-year low price on Friday’s intraday session.
Verizon Communications Inc.’s stock price slipped below to hit a 13-year low price on Friday. The VZ company delivered a dividend of $0.665 on Friday, 6th October. The dividend amount will be credited on 1st November to the investor’s bank account.
The price trend analysis demonstrates that the Verizon Company has been in a declining trend for the last three quarters with some short-term surges. The VZ stock price is down 9.53% a month and over 22% down on a year-to-date basis. 
The technical indicators imply that the stock price has stayed below the 200-day EMA indicating a long-term bearishness prevailance. Moreover, the stock price could not sustain above the 50-da

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