It would be better if they paid down their debt with the cash. The growing dividend is nice, but the debt does not inspire growth of stock price.
Yes I am here, as I was looking to invest until I saw the debt. Anyone not looking at that debt is a fool.
I looked at this and was stunned! I do not own any stock, and I am not shorting. Just want to know how they can justify this!? As an investor I would be somewhat nervous, especially in today's Downturn. Did it cost Verizon this much to make the best infrastructure?
Why should this surprise you, everyone is out to make money anyway they can. Watch the movie " The big short" very enlightening.
Sentiment: Strong Buy
This won't take effect till October 1, 2016
The dollar will be under pressure from then on even more so.