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incumbent telecom stock VerizonThe Motley Fool
•73% Informative
An analyst team at white-shoe investment bank Morgan Stanley opined that Verizon is days away from declaring a dividend raise.
Morgan Stanley anticipates a $ 0.05 -per-share annual hike to the big telecom's quarterly common stock payout.
This pushed its stock price nearly 3% higher, on a day when the S&P 500 index was in the red.
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