Verizon declares quarterly dividend on June 6

Rhea-AI Summary

Verizon (VZ) has declared a quarterly dividend of $0.6775 per share, maintaining the same rate as the previous quarter. The dividend will be paid on August 1, 2025, to shareholders of record as of July 10, 2025. With approximately 4.2 billion shares outstanding, Verizon distributed over $11.2 billion in cash dividends during 2024. CEO Hans Vestberg emphasized the company's position as a national leader in mobility and broadband, highlighting their ability to maintain dividend payments while investing in network infrastructure. The company reported revenues of $134.8 billion in 2024, serving a broad customer base including nearly all Fortune 500 companies.

Positive

• Maintained stable quarterly dividend of $0.6775 per share
• Substantial dividend distribution of $11.2 billion in 2024
• Strong revenue performance of $134.8 billion in 2024
• Large market presence serving Fortune 500 companies

Negative

• None.

NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 67.75 cents per outstanding share, unchanged from the previous quarter. The quarterly dividend is payable on August 1, 2025 to Verizon shareholders of record at the close of business on July 10, 2025.

Verizon continues to take a strategic and disciplined approach to achieving its financial goals by focusing on targeted customer segments and integrating its services to deliver greater personalization. Building on its financial strength, Verizon continues to invest in its business and drive innovation to better serve its customers.

“As the nation’s leader in mobility and broadband for consumers and businesses, we create great experiences for a broad and high-quality base of customers,” said Chairman and CEO Hans Vestberg. “This allows us to continue paying our dividend even in uncertain economic environments, while investing in our business to extend our network leadership, enhance America’s communications infrastructure and meet the present and future needs of all our customers.”

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 quarterly dividend amount for Q3 2025?

Verizon's quarterly dividend is $0.6775 per share, payable on August 1, 2025

When is the record date for Verizon's Q3 2025 dividend?

The record date for Verizon's dividend is July 10, 2025

How much did Verizon pay in total dividends in 2024?

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

What was Verizon's revenue in 2024?

Verizon generated revenues of $134.8 billion in 2024

How many shares of common stock does Verizon have outstanding?

Verizon has approximately 4.2 billion shares of common stock outstanding