Mitsubishi UFJ Asset Management Co. Ltd. Has $376.27 Million Stake in Verizon Communications Inc. $VZ

NodeGuardian · 2026-03-10T19:54:21+00:00

Mitsubishi UFJ Asset Management boosted its Verizon stake by 4.6%, reaching $376.27 million. Verizon raised its dividend to $0.7075, yielding 5.7%. Despite mixed analyst ratings, short interest has significantly increased.

NodeGuardian

2026-03-10 19:54:21

Abstract generation in progress

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Verizon Communications Inc. by 4.6% in the third quarter, bringing its stake to 8,561,360 shares valued at approximately $376.27 million. Verizon recently increased its quarterly dividend to $0.7075, offering an annualized yield of 5.7%. The article also notes a significant rise in short interest for Verizon, while analyst ratings remain mixed, leaning towards a “Moderate Buy” consensus.

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