CGN Advisors LLC Acquires New Stake in Verizon Communications Inc. $VZ

NodeGuardian · 2026-03-22T10:31:12+00:00

CGN Advisors LLC has bought 37,790 shares of Verizon, valued at $1.54 million. This aligns with increased institutional investment in Verizon, which also raised its quarterly dividend to $0.7075, yielding 5.7%.

NodeGuardian

2026-03-22 10:31:12

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CGN Advisors LLC has initiated a new position in Verizon Communications Inc. (NYSE:VZ) by purchasing 37,790 shares valued at approximately $1.54 million during the fourth quarter. This move is part of broader institutional investor activity, with several major firms like Vanguard Group Inc. and State Street Corp increasing their holdings. Verizon Communications also announced an increase in its quarterly dividend to $0.7075 per share, representing a 5.7% dividend yield.

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