Thursday, September 3, 2015

Verizon Increases its Quarterly Dividend

The Board of Directors of Verizon Communications declared a quarterly dividend of 56.5 cents per outstanding share, an increase of 1.5 cents per share, or 2.7 percent, from the previous quarter.  On an annual basis, this increases Verizon's dividend by 6 cents per share, from $2.20 to $2.26 per share. This is the ninth consecutive year Verizon's Board of Directors has approved a quarterly dividend increase.