Verizon increases dividend for 15th consecutive year
September 02 2021 - 11:50AM
The Board of Directors at Verizon Communications Inc. (NYSE,
Nasdaq: VZ) today declared a quarterly dividend of 64 cents per
outstanding share, an increase of 1.25 cents per share from the
previous quarter. The quarterly dividend is payable on November 1,
2021, to Verizon shareholders of record at the close of business on
October 8, 2021.
This is the 15th consecutive year Verizon’s Board has approved a
quarterly dividend increase.
Chairman and CEO Hans Vestberg said, “We continue to deliver
value to our shareholders as we execute our multi-purpose network
strategy and grow the top and bottom lines.”
Verizon has approximately 4.1 billion shares of common stock
outstanding. The company made approximately $5.2 billion in cash
dividend payments in the first half of 2021.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on
June 30, 2000 and is one of the world’s leading providers of
technology, communications, information and entertainment products
and services. Headquartered in New York City and with a presence
around the world, Verizon generated revenues of $128.3 billion in
2020. The company offers data, video and voice services and
solutions on its award-winning networks and platforms, delivering
on customers’ demand for mobility, reliable network connectivity,
security and control.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media
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Media contact: Kim
Ancinkimberly.ancin@verizon.com908.801.0500
Eric
Wilkenseric.wilkens@verizon.com201.572.9317@ericwilkens
Verizon Communications (NYSE:VZ)
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