By Stephen Nakrosis

 

Verizon Communications Inc. on Thursday said its board raised the company's quarterly dividend to 64 cents per outstanding share, up 1.25 cents a share from the previous quarter.

The new dividend will be payable Nov. 1 to shareholders of record at the close of business Oct. 8, the company said.

The company said this is the 15th consecutive year its board approved a quarterly dividend increase.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 02, 2021 13:21 ET (17:21 GMT)

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