06.01.2017Financial

6/1/17: Verizon Board 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 57.75 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on August 1, 2017, to Verizon shareowners of record at the close of business on July 10, 2017.

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $9.3 billion in cash dividend payments in 2016.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, has a diverse workforce of 161,000 and generated nearly $126 billion in 2016 revenues. Verizon operates America's most reliable wireless network, with 113.9 million retail connections nationwide. The company also provides communications and entertainment services over mobile broadband and the nation's premier all-fiber network, and delivers integrated business solutions to customers worldwide.

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