NEW YORK, N.Y. - The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 66.50 cents per outstanding share, unchanged from the previous quarter. The quarterly dividend is payable on February 1, 2024, to Verizon shareholders of record at the close of business on January 10, 2024.
"We are committed to delivering value to our customers and shareholders as we execute on our focused network strategy," said Chairman and CEO Hans Vestberg. “Our financial discipline and strong cash flow continue to put the company in a position for the Board to declare a quarterly dividend.”
Verizon has approximately 4.2 billion shares of common stock outstanding. The company made more than $8.2 billion in cash dividend payments in the last three quarters.