6/4/20: Verizon declares quarterly dividend
Verizon Communications (NYSE: VZ) announced a quarterly dividend of 61.50 cents per share, remaining unchanged from previous 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 (NYSE: VZ) announced a quarterly dividend of 61.50 cents per share, remaining unchanged from previous quarters. This dividend is payable on August 3, 2020, to shareholders on record by the close of business on July 10, 2020. In 2019, Verizon distributed approximately $10.02 billion in cash dividends, with around 4.1 billion shares outstanding. Verizon generated $131.9 billion in revenues last year, showcasing its strong market presence in technology and communications.
Positive
- Quarterly dividend of 61.50 cents per share, indicating steady income for shareholders.
- In 2019, cash dividend payments totaled approximately $10.02 billion, showcasing the company's commitment to returning value to investors.
- Strong revenue of $131.9 billion in 2019 highlights robust business performance.
Negative
- None.
Details
News Market Reaction – VZ
The recorded move for VZ in the trading session of this news was +0.69%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BASKING RIDGE, N.J., June 04, 2020 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 61.50 cents per outstanding share, unchanged from the previous three quarters. The quarterly dividend is payable on August 3, 2020, to Verizon shareholders of record at the close of business on July 10, 2020.
Verizon has approximately 4.1 billion shares of common stock outstanding. The company made
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and 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 www.verizon.com/about/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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.