3/4/16: Verizon declares quarterly dividend

NEW YORK, March 4, 2016 /PRNewswire/ -- The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 56.5 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on May 2 to Verizon Communications shareowners of record at the close of business on April 8.

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $8.5 billion in cash dividend payments in 2015.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) employs a diverse workforce of 177,700 and generated nearly $132 billion in 2015 revenues. Verizon operates America's most reliable wireless network, with more than 112 million retail connections nationwide. Headquartered in New York, the company also provides communications and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers worldwide.

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Media contact: Bob Varettoni908.559.6388[email protected]

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SOURCE Verizon Communications Inc.