VZ Verizon Communications Inc.

Verizon increases dividend for 14th consecutive year

Verizon increases dividend for 14th consecutive year

BASKING RIDGE, N.J., Sept. 03, 2020 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 62.75 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 2, 2020, to Verizon shareholders of record at the close of business on October 9, 2020.  

This is the 14th consecutive year Verizon’s Board has approved a quarterly dividend increase.



Verizon has approximately 4.1 billion shares of common stock outstanding. The company made approximately $5.1 billion in cash dividend payments in the first half of 2020.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers data, video and voice services and solutions on its award winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at . News releases are also available through an RSS feed. To subscribe, visit .

Media contact:

Kim Ancin

908.559.3227 

Eric Wilkens



201.572.9317

@ericwilkens

EN
03/09/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Verizon Communications Inc.

 PRESS RELEASE

Verizon accelerates fixed wireless broadband expansion with acquisitio...

Verizon accelerates fixed wireless broadband expansion with acquisition of Starry Additional Fixed Wireless Access capabilities delivering more choice, value and flexibility for consumers Key Highlights: Starry is a fixed wireless broadband provider serving multi-dwelling units (MDUs) in five markets, including Boston, Denver, Los Angeles, New York and Washington, D.C.The MDU solution will accelerate Verizon’s plan to double its fixed wireless subscribers to 8-9 million by 2028 and expand fixed wireless broadband availability to 90 million households in the same time period.Acquisition ...

David Barden
  • David Barden

3Q25 Broadband Estimate Deep Dive

If you are one of those eager contrarians looking for the quarter where a combination of discount valuations and even a modest turnaround in cable KPI trends could boost the stocks, this probably ain’t it. The cable industry continues to lose subscribers at an elevated pace with Comcast doing worse than Charter thanks to the 1-2 punch of fiber and FWA.

David Barden
  • David Barden

VZ CEO Transition Quick Take: Cutting costs, throwing elbows, financia...

Yesterday morning Verizon announced that CEO & Chairman Hans Vestberg is being replaced by Dan Schulman, the lead independent director and former CEO of PayPal, effective immediately. This is the third Monday in a row for CEO transition announcements (Srini replaced Mike at T-Mobile on Monday two weeks ago, and Mike joined Brian as Co-CEO at Comcast last week Monday). In this note, we cover thoughts on what the CEO change portends for Verizon, and what this surprising round of executive musical ...

 PRESS RELEASE

Verizon Announces CEO Transition

Verizon Announces CEO Transition Board of Directors Appoints Independent Lead Director and Former CEO of PayPal, Dan Schulman, as Chief Executive Officer Hans Vestberg to Serve as Special Advisor Through October 4, 2026 and Member of the Board of Directors until the 2026 Annual Meeting Mark Bertolini Appointed Chairman of the Board of Directors Company Reiterates Full-Year 2025 Financial Guidance NEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, NASDAQ: VZ) today announced that its Board of Directors has appointed Independent Lead Director and form...

 PRESS RELEASE

Verizon Business collaborates with GE Vernova to Deliver Utilities Enh...

Verizon Business collaborates with GE Vernova to Deliver Utilities Enhanced Grid Modernization Solutions GE Vernova MDS™ Orbit, powered by Verizon, is now available for utilities looking to monitor, control and automate their electrical grid and other infrastructure NEW YORK, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Verizon Business today announced the , an industrial wireless platform that enables utility companies to secure and protect their networks and assets, is now available on Verizon's award-winning network. The combined offering enables GE Vernova customers a secure, reliable and flex...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch