09.02.2021|Financial|Corporate

Verizon increases dividend for 15th consecutive year

Media contact(s)
Eric Wilkens
201.572.9317
Kim Ancin
908.801.0500

Consistency of dividend increase reflects Board’s confidence in service revenue growth and multi-purpose network strategy

Full Transparency

No Updates

Learn more

We're committed to building trust.

The Verizon Newsroom greatly values transparency. By integrating blockchain technology, we’re able to permanently log all changes made to official releases after publication. We believe people deserve the highest level of integrity. And we’re committed to setting the industry standard for corporate communications.

Learn more

NEW YORK, N.Y. - The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 64 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2021, to Verizon shareholders of record at the close of business on October 8, 2021.

This is the 15th consecutive year Verizon’s Board has approved a quarterly dividend increase.

Chairman and CEO Hans Vestberg said, “We continue to deliver value to our shareholders as we execute our multi-purpose network strategy and grow the top and bottom lines.”

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made approximately $5.2 billion in cash dividend payments in the first half of 2021.

Tags:
Dividends

Related Articles

06.02.2021
The Board of Directors declared a quarterly dividend of 62.75 cents per outstanding share, consistent with the previous three quarters.
07.21.2021
Award-winning network performance, customer and wireless service revenue growth lead company to revise guidance upward for the year