12/01/2022|Financial|Corporate

12/1/22: Verizon declares quarterly dividend

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NEW YORK, N.Y. -  The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 65.25 cents per outstanding share, unchanged from the previous quarter. The quarterly dividend is payable on February 1, 2023, to Verizon shareholders of record at the close of business on January 10, 2023.

Chairman and CEO Hans Vestberg said, "Our focused network strategy and our consistently disciplined approach continue to put our Board in a position to execute on our dividend payout to shareholders."

Verizon has approximately 4.2 billion shares of common stock outstanding. The company made approximately $8.1 billion in cash dividend payments in the last three quarters.

Tags:
Dividends

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The Board of Directors at Verizon Communications Inc. today declared a quarterly dividend of 65.25 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter.