U.S. Cellular's shares jumped 3.9% in trading before the bell. The company will sell portion of its spectrum licenses used for mobile phone signals and high-speed data services to Verizon. The ...
U.S. Cellular is selling a portion of its retained spectrum licenses to Verizon for $1 billion in cash as it looks to monetize the spectrum that wasn't included in the proposed sale to T-Mobile.
Verizon is a dividend investor's dream. The company pays out 59% of its adjusted earnings, bringing the forward yield to 6.28%. High-yield stocks can be sensitive to rising interest rates, but with ...