VZ · News · 20260912N

Fiber and Broadband Positioning

VERIZON COMMUNICATIONS INC · 2026-09-12 · Importance 17 · Surprise 24

Corning executives reported that a Verizon customer agreement is helping drive growth in optical communications tied to data-center connectivity. Corning said demand in optical communications, solar and selected glass applications is supporting its long-term Springboard growth plan. New customer agreements are improving visibility into data-center connectivity demand, indicating continued requirements for high-capacity fiber infrastructure.

Key facts

• Verizon Communications Inc. reported strong Q2 earnings, beating EPS estimates. source
• The Manufacturers Life Insurance Company decreased its stake in Verizon Communications Inc. by 5% in the second quarter. source
• The Manufacturers Life Insurance Company sold 186,001 shares of Verizon Communications Inc. in the second quarter. source
• The Manufacturers Life Insurance Company still holds 3.50 million shares of Verizon Communications Inc. worth $148.1 million. source
• Institutional investors collectively own 62.06% of Verizon Communications Inc. source
• Verizon Communications Inc. maintains a quarterly dividend of $0.7075 per share, offering a 5.6% yield. source