Verizon will Abandon the $2 Fee!!

Posted: December 31, 2011 in Dow Jones, Economy, NYSE, Watch List
Tags: , , , , , , ,

 

Verizon: Paying Politicians to Rule the Air (g...Verizon Wireless – announced on Friday, 12/30/2011 there intentions on abandoning a $2 fee for the single bill payments which were planned to be in effect next month. Not only is this wonderful News for the Consumers out their as it now seems their voices are being heard. It was believed that Verizon was doing this as they wanted to discourage ones of who pay their bill by phone or online, and ones who like last minute payments.

Verizon Communications Inc. (Public,NYSE:VZ) -Ended the 2011 Year off in Solid Fashion. Not only is VZ trading close to 52 week highs at $40.25, Verizon has been on a real climb. Since January 1st 2010 Verizon closed at $35.78. During the past year, traded at a low of $32.28, since this low making a beautiful rebound of $7.97 close to $8.00 per share. During these 52 weeks has also keep up its strong Dividend of $0.49 first 3 Pervious months of the Year, and $0.50 its more recent quarter a Yield of 4.99%.

Currently I rate Verizon Wireless, a Hold.

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