3/4/16: Verizon
declares quarterly dividend
NEW YORK, March 4, 2016 -- The Board of Directors of
Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a
quarterly dividend of 56.5 cents per
outstanding share, unchanged from the previous quarter. The
dividend is payable on May 2 to
Verizon Communications shareowners of record at the close of
business on April 8.
Verizon has approximately 4.1 billion shares of common stock
outstanding. The company made $8.5
billion in cash dividend payments in 2015.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) employs a diverse
workforce of 177,700 and generated nearly $132 billion in 2015 revenues. Verizon operates
America's most reliable wireless network, with more than 112
million retail connections nationwide. Headquartered in
New York, the company also
provides communications and entertainment services over America's
most advanced fiber-optic network, and delivers integrated business
solutions to customers worldwide.
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Media contact:
Bob Varettoni
908.559.6388
robert.a.varettoni@verizon.com