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909,545 Shares in Verizon Communications Inc. $VZ Purchased by Wilsey Asset Management Inc.
Wilsey Asset Management Inc. purchased 909,545 shares of Verizon Communications Inc. (NYSE:VZ) in the fourth quarter, representing approximately 5.8% of their portfolio. This acquisition occurred despite recent insider selling activity, with overall insider ownership at 0.10%. Verizon also declared an increased quarterly dividend of $0.7075 per share, yielding about 5.7%.