Verizon (VZ) raises dividend 1.9%, its 17th annual increase

The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 66.50 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2023, to Verizon shareholders of record at the close of business on October 10, 2023.

This is the 17th consecutive year Verizon’s Board has approved a quarterly dividend increase.