12.07.2017Financial

12/7/17: Verizon declares quarterly dividend

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Bob Varettoni
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NEW YORK - The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 59 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on Feb. 1, 2018, to Verizon shareowners of record at the close of business on Jan. 10, 2018.

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $7.1 billion in cash dividend payments in the first nine months of 2017.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, has a diverse workforce of 160,100 and generated nearly $126 billion in 2016 revenues. Verizon operates America's most reliable wireless network and the nation's premier all-fiber network, and delivers integrated solutions to businesses worldwide. Its Oath subsidiary reaches about one billion people around the world with a dynamic house of media and technology brands.

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