REG-VerizonCommunication: Dividend Declaration <Origin Href="QuoteRef">VZ.N</Origin>

Verizon CommunicationsAnnouncement

24/11/2014 14:01

Verizon Communications Raises Quarterly Dividend 3.8 Percent to 55 Cents per Share 

Eighth Consecutive Year Board Has Approved an Increase 

NEW YORK, Sept. 4, 2014 -- The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ)
today declared a quarterly dividend of 55 cents per outstanding share, an increase of 2 cents per 
share, or 3.8 percent, from the previous quarter. On an annual basis, this increases Verizon's dividend by 
8 cents per share, from $2.12 to $2.20 per share.

The quarterly dividend is payable on Nov. 3, 2014, to Verizon Communications shareowners of record at 
the close of business on Oct. 10, 2014.

This is the eighth consecutive year that Verizon's Board of Directors has approved a quarterly dividend 
increase.

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made $3.6 
billion in cash dividend payments in the first half of 2014.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in 
delivering broadband and other wireless and wireline communications services to consumer, business, 
government and wholesale customers. Verizon Wireless operates America's most reliable wireless 
network, with 104.6 million retail connections nationwide. Verizon also provides converged 
communications, information and entertainment services over America's most advanced fiber-optic 
network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 
company with more than $120 billion in 2013 revenues, Verizon employs a diverse workforce of 177,800. 
For more information, visit www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, 
media contacts and other information are available at Verizon's online News Center at 
newscenter.verizon.com. The news releases are available through an RSS feed. To subscribe, visit 
newscenter.verizon.com/corporate/feeds.

CONTACT: Bob Varettoni, 908-559-6388, robert.a.varettoni@verizon.com


END

Copyright © 2014 PR Newswire Association, LLC. All Rights Reserved