Verizon Raises Quarterly Dividend
Verizon raised its Q3 dividend 2.7 percent to 56.5 cents per share, the company said in a news release Thursday. The new quarterly payout is up 1.5 cents per share from the previous quarter, and increases Verizon's annual dividend by…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
6 cents per share to $2.26, it said. It's the ninth year in a row the company's board approved a dividend increase, said Verizon.