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Verizon declares quarterly dividend on June 6

1. Verizon declared a quarterly dividend of 67.75 cents per share. 2. The dividend remains unchanged from the previous quarter. 3. Verizon emphasizes financial strength amid uncertain economic conditions. 4. CEO highlights ongoing investments in network and service innovation. 5. In 2024, Verizon paid over $11.2 billion in dividends.

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FAQ

Why Bullish?

The stable dividend reflects financial health and commitment to return value to shareholders. Historical data shows that consistent dividends often lead to price stability and potential appreciation.

How important is it?

The article's focus on dividends and financial strategy is directly aligned with investors' interests, indicating potential for price movement.

Why Short Term?

The immediate stability from the dividend announcement can influence investor sentiment and stock demand briefly. Similar historical announcements have led to short-term price increases.

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June 06, 2025 09:23 ET  | Source: Verizon Communications, Inc. 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 Serinojamie.serino@verizon.com(201) 401-5460

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