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Verizon stock headed for its biggest gain of the year, remains highest-yielding Dow component

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Shares of Verizon Communications Inc. VZ, +4.12% were rallying toward their best single-day performance this year Friday, bucking what's been a tough recent stretch for the telecommunications giant. Verizon's stock was up 4.0% in afternoon trading Friday and on track for its largest single-day percentage gain since Dec. 16, 2021 when it rose 4.4%, according to Dow Jones Market Data. Verizon's stock remains the highest yielding among Dow Jones Industrial Average DJIA, +2.59% components with a 6.92% dividend yield. Dow Inc. DOW, -0.29% is next highest with a 5.88% yield. The yield of fellow telecommunications company AT&T Inc.

Market Watch     Oct 30, 2022