Verizon As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
VZ $2.66 1.9% 2.0% 2.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Wireless & Media 8.4% 17 2.0% Quarter 1984
Verizon hikes dividend by 2.1%

Verizon Communications (VZ) will raise its quarterly dividend by 2.1 percent to $0.6025 per share in 2018. This marks the company's 12th consecutive year of dividend increases.

The next quarterly dividend is payable on November 1, 2018, to Verizon shareowners of record at the close of business on October 10, 2018. The new annual dividend of $2.41 per share yields 4.4% at a stock price of $54.29 for VZ.

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services. The company offers offers voice, data and video communications products and services and local and long distance voice services. Its Oath subsidiary owns media and technology brands including HuffPost, Yahoo Sports, AOL.com, MAKERS, Tumblr, Yahoo Finance and Yahoo Mail.