12/3/15: Verizon declares quarterly dividend

NEW YORK, Dec. 3, 2015 /PRNewswire/ -- The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 56.5 cents per outstanding share, unchanged from the previous quarter. The dividend is payable Feb. 1, 2016, to Verizon Communications shareowners of record at the close of business on Jan. 8, 2016.

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $6.4 billion in cash dividend payments through the first nine months of 2015. In September 2015, Verizon's Board had approved a quarterly dividend increase for the ninth consecutive year.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) employs a diverse workforce of 177,900 and generated more than $127 billion in 2014 revenues. Verizon Wireless operates America's most reliable wireless network, with 110.8 million retail connections nationwide. Headquartered in New York, Verizon also provides communications and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers worldwide. For more information, visit www.verizon.com/news/.

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SOURCE Verizon Communications Inc.