12/6/18: Verizon declares quarterly dividend

NEW YORK, Dec. 06, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 60.25 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on February 1, 2019, to Verizon shareowners of record at the close of business on January 10, 2019.

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $7.3 billion in cash dividend payments in the first nine months of 2018.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, generated $126 billion in 2017 revenues. The company operates America’s most reliable wireless network and the nation’s premier all-fiber network, and delivers integrated solutions to businesses worldwide. Its Oath subsidiary reaches people around the world with a dynamic house of media and technology brands.

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Media contact: Bob Varettoni908.559.6388[email protected]

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