06.05.2003Financial

Verizon Communications Declares Quarterly Dividend

NEW YORK -- The Board of Directors of Verizon Communications Inc. (NYSE:VZ) has declared a quarterly dividend of $.385 per outstanding share, unchanged from the previous quarter.

The dividend is payable on Aug. 1 to Verizon Communications shareowners of record at the close of business July 10. Verizon Communications has approximately 2.7 million shareowners and approximately 2.75 billion shares of common stock outstanding.

Tags: