Sep 30, 2021 2:49PM EDT Verizon Communications Inc. (NYSE: VZ) will increase its dividend on the 1st of November to US$0.64 . This takes the annual payment to 4.6% of the current stock price, which unfortunately is below what the industry is paying.
Will verizon raise the dividend in 2021?
The quarterly dividend is payable on November 1, 2021, to Verizon shareholders of record at the close of business on October 8, 2021 . This is the 15th consecutive year Verizon’s Board has approved a quarterly dividend increase.
Is Verizon going to pay dividend in 2021?
– The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 64 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2021, to Verizon shareholders of record at the close of business on October 8, 2021 .
While I was researching we ran into the inquiry “When did Verizon Communications’dividend increase in 2021?”.
You see, the most recent change in Verizon Communications’s dividend was an increase of $0.0130 on Thursday, September 2 , 2021. What is Verizon Communications’s dividend payout ratio? View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks.
How many consecutive years has Verizon increased its dividend?
This is the 15th consecutive year Verizon’s Board has approved a quarterly dividend increase. Chairman and CEO Hans Vestberg said, “We continue to deliver value to our shareholders as we execute our multi-purpose network strategy and grow the top and bottom lines.” Verizon has approximately 4.1 billion shares of common stock outstanding.
Is Verizon becoming a dividend aristocrat?
As such, Verizon is well on the way to Dividend Aristocrat status (a stock that has raised its distribution at least once a year for a minimum of 25 consecutive years). Verizon’s declaration and Vestberg’s hint of a coming raise draw a line between the company and AT&T.
The current dividend yield for Verizon Communications (NYSE: VZ) is 5.03% . Learn more How much is Verizon Communications’s annual dividend?
So, will Verizon Communications (vz) keep its dividend?
A native New Yorker, he currently lives in Los Angeles. Verizon Communications ( NYSE: VZ), in contrast to its arch-rival AT&T ( NYSE: T), is electing to maintain its quarterly dividend . The telecom giant on Tuesday declared its latest shareholder payout, which is to be just under $0.63 per share each quarter.
Verizon stock began trading on July 3, 2000. Prior to this date, the stock was trading as Bell Atlantic. The dividends have been adjusted to account for any stock splits that have occurred.
How many shares of common stock does Verizon have outstanding?
This is the 14th consecutive year Verizon’s Board has approved a quarterly dividend increase. Verizon has approximately 4.1 billion shares of common stock outstanding. The company made approximately $5.1 billion in cash dividend payments in the first half of 2020.