5/31/22: Verizon declares quarterly dividend
Verizon Communications has declared a quarterly dividend of 64 cents per share, consistent with the previous three quarters.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Verizon Communications has declared a quarterly dividend of 64 cents per share, consistent with the previous three quarters. This dividend is payable on August 1, 2022, to shareholders on record as of July 8, 2022. The company has 4.198 billion shares outstanding and paid out $10.4 billion in dividends in 2021, highlighting its commitment to shareholder value. Verizon generated $133.6 billion in revenues for 2021, focusing on growth across five vectors and delivering essential technology and communication services.
Positive
- Quarterly dividend of 64 cents per share.
- Consistent dividend payment reflecting financial stability.
- Total dividend payments in 2021 amounted to $10.4 billion.
- Generated $133.6 billion in revenues for 2021.
Negative
- None.
Details
News Market Reaction – VZ
The recorded move for VZ in the trading session of this news was -0.21%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, May 31, 2022 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 64 cents per outstanding share, consistent with the previous three quarters. The quarterly dividend is payable on August 1, 2022, to Verizon shareholders of record at the close of business on July 8, 2022.
Chairman and CEO Hans Vestberg said, "With our network-as-a-service foundation and our execution on all five vectors of growth, we remain committed to delivering value to our shareholders."
Verizon has 4.198 billion shares of common stock outstanding. The company made
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
Media contact:
Eric Wilkens
eric.wilkens@verizon.com
201.572.9317
@ericwilkens
FAQ
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