Verizon boosts shareholder payout, marking 19th consecutive year of dividend growth

Rhea-AI Summary

Verizon (NYSE: VZ) has announced a quarterly dividend increase of 1.25 cents to 69 cents per share, marking its 19th consecutive year of dividend growth. The dividend will be paid on November 3, 2025 to shareholders of record as of October 10, 2025.

The company, which has approximately 4.2 billion shares outstanding, paid over $11.2 billion in cash dividends in 2024. Verizon's strong financial performance is supported by its $134.8 billion revenue in 2024, driven by strategic expansion in mobility and broadband networks to capture high-value customer segments.

Positive

• None.

Negative

• Modest dividend increase of only 1.25 cents (approximately 1.8%) may not keep pace with inflation

News Market Reaction

+0.45%

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+0.45% News Effect

On the day this news was published, VZ gained 0.45%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 69 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 3, 2025 to Verizon shareholders of record at the close of business on October 10, 2025.

This 19th consecutive annual increase is a direct result of the company's disciplined financial management and unwavering focus on long-term growth. By strategically expanding both its mobility and broadband networks to capture high-value customer segments, Verizon generates the consistent, durable cash flow necessary to reward shareholders while simultaneously investing in future innovation.

“The Board and I are pleased to raise our dividend for the 19th year in a row, continuing in a tradition of steady raises that reflect our strong balance sheet, operational performance and commitment to our shareholders,” said Hans Vestberg, Chairman and Chief Executive Officer of Verizon. “We continue to transform Verizon by expanding our lead in network superiority, delivering on our capital allocation priorities and creating new services that power and empower how people live, work and play.”

Verizon has approximately 4.2 billion shares of common stock outstanding. The company made more than $11.2 billion in cash dividend payments in 2024.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

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:
Jamie Serino
jamie.serino@verizon.com
(201) 401-5460

FAQ

What is Verizon's new quarterly dividend for 2025?

Verizon's new quarterly dividend is 69 cents per share, an increase of 1.25 cents from the previous quarter.

When will Verizon (VZ) pay its next dividend?

Verizon will pay its next dividend on November 3, 2025 to shareholders of record as of October 10, 2025.

How much did Verizon pay in dividends in 2024?

Verizon paid more than $11.2 billion in cash dividends during 2024.

How many consecutive years has Verizon increased its dividend?

Verizon has increased its dividend for 19 consecutive years, demonstrating consistent financial strength and commitment to shareholder returns.

What was Verizon's revenue in 2024?

Verizon generated revenues of $134.8 billion in 2024.