Verizon Increases Quarterly Dividend by 1.8%

Verizon's board has raised the quarterly dividend by 1.8%, to 69 cents from 67.75 cents, marking the company's 19th consecutive annual payout increase. The new dividend rate represents an annual yield of about 6.2%. The increased dividend is payable on November 3 to shareholders of record on October 10.

Verizon Communications Inc. (NYSE: VZ) has announced a quarterly dividend increase of 1.25 cents per share, raising the dividend to 69 cents per share. This marks the company's 19th consecutive year of dividend growth, reflecting its strong financial performance and commitment to shareholders. The new dividend, payable on November 3, 2025, to shareholders of record as of October 10, 2025, represents an annual yield of approximately 6.2% [2].

The increase is a result of Verizon's disciplined financial management and strategic expansion in mobility and broadband networks. These efforts have generated consistent, durable cash flow, enabling the company to reward shareholders while investing in future innovation. Hans Vestberg, Chairman and Chief Executive Officer of Verizon, stated, "The Board and I are pleased to raise our dividend for the 19th year in a row, continuing in a tradition of steady raises that reflect our strong balance sheet, operational performance and commitment to our shareholders" [2].

Verizon's dividend payout ratio of 63.17% indicates a balance between rewarding shareholders and maintaining financial flexibility for growth and innovation. The company's revenue in 2024 was $134.8 billion, driven by strategic expansion in high-value customer segments [2].

The company's dividend history demonstrates its commitment to shareholder returns and financial stability. Verizon's steady dividend growth, coupled with its strong financial performance and strategic focus, positions it favorably in the telecommunications sector.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-verizon-communications-inc-vz-position-increased-by-aqr-capital-management-llc-2025-09-03/
[2] https://www.stocktitan.net/news/VZ/verizon-boosts-shareholder-payout-marking-19th-consecutive-year-of-c8531srndesw.html