NEW YORK – 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 Feb. 1, 2016, to Verizon Communications shareowners of record at the close of business on Jan. 8, 2016.
Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $6.4 billion in cash dividend payments through the first nine months of 2015. In September 2015, Verizon’s Board had approved a quarterly dividend increase for the ninth consecutive year.