Verizon Communications (VZ) Raises Quarterly Dividend 3.8% to $0.55; 4.4% Yield

Verizon Communications (NYSE: VZ) declared a quarterly dividend of $0.55 per share, or $2.2 annualized. This is a 3.8% increase from the prior dividend of $0.53.

The dividend will be payable on November 3, 2014, to stockholders of record on October 10, 2014, with an ex-dividend date of October 8, 2014.

The annual yield on the dividend is 4.4 percent.

This is the eighth consecutive year that Verizon's Board of Directors has approved a quarterly dividend increase.

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

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