StockWatch
·
Telecommunications Equipment
DividendJun 4, 2026, 06:49 PM

Verizon Declares Quarterly Dividend of $0.7075 Per Share

AI Summary

Verizon Communications Inc. announced its Board of Directors declared a quarterly dividend of 70.75 cents per outstanding share, maintaining the rate from the previous quarter. The dividend is scheduled for payment on August 3, 2026, to shareholders recorded as of July 10, 2026. CEO Dan Schulman highlighted the company's unwavering commitment to the dividend, underscoring its focus on long-term shareholder value and a 20-year history of dividend increases.

Key Highlights

  • Verizon declared a quarterly dividend of $0.7075 per outstanding share.
  • The dividend rate is consistent with the prior quarter's dividend.
  • The dividend is payable on August 3, 2026.
  • Shareholders of record at the close of business on July 10, 2026, will receive the dividend.
  • This marks 20 consecutive years of dividend increases.
  • Verizon has approximately 4.2 billion shares of common stock outstanding.
  • The company made approximately $11.5 billion in cash dividend payments in 2025.
  • Verizon generated revenues of $138.2 billion in 2025.