Raleigh Capital boosts VZ stake 33.7% – a $3.13M bet on Verizon's 6% yield
Raleigh Capital Management increased its Verizon position by a third in Q1 2026, joining other small institutional buyers. Despite VZ's recent price weakness and mixed analyst views, the defensive telecom's high dividend yield and 62% institutional ownership remain draws for income-focused portfolios.
Source: Ticker Report · Daily Political