NEW YORK, June 2, 2016 /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 on August 1 to Verizon shareowners of record at the close of business on July 8.
Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $8.5 billion in cash dividend payments in 2015.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, generated nearly $132 billion in 2015 revenues. Verizon operates America's most reliable wireless network, with 112.6 million retail connections nationwide. The company also provides communications and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers worldwide.
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SOURCE Verizon Communications Inc.