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Verizon Announces Increases Cash Dividend Payable November 1, 2021

By John F. Heerdink, Jr.

As per reports, the board of Verizon Communications, Inc. (VZ) announced a dividend increase of 1.25 cents per share from the previous quarter, to 64 cents per outstanding share, payable on November 1, 2021. The dividend is payable to shareholders of record at the close of business on October 8, 2021. The increase in dividend by board marks the 15th consecutive year of a quarterly dividend raise.

Chairman and CEO Hans Vestberg stated, “We continue to deliver value to our shareholders as we execute our multi-purpose network strategy and grow the top and bottom lines.”

Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ), and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: Verizon increases dividend for 15th consecutive year in GlobeNewswire)


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