Verizon Communications (VZ) Declares $0.665 Quarterly Dividend; 6.9% Yield

Verizon Communications (NYSE: VZ) declared a quarterly dividend of $0.665 per share, or $2.66 annualized.

The dividend will be payable on February 1, 2024, to stockholders of record on January 10, 2024, with an ex-dividend date of January 9, 2024.

The annual yield on the dividend is 6.9 percent.

"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.

For a dividend history and other dividend-related data on Verizon Communications (VZ) click here.

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