3/4/16: Verizon declares quarterly dividend

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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 on May 2 to Verizon Communications shareowners of record at the close of business on April 8.

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $8.5 billion in cash dividend payments in 2015.