Verizon's Turnaround Is Gaining Momentum. Is This 6. 5%-Yielding Dividend Stock a Buy?

The telecommunications giant added 406,000 postpaid phone customers in the third quarter, an eye-popping 820% year-over-year increase. That accelerating momentum helped drive stronger earnings and cash flow, prompting Verizon to raise its full-year outlook for the third straight quarter. With the stock trading at less than nine times this year's expected earnings and yielding 6. 5%, is Verizon stock a buy right now? Here's a look at the company's most recent quarter and its total return potential from here. Image source: Getty Images.