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

Verizon CommunicationsAnnouncement

05/12/2014 07:10

Verizon Communications Declares Quarterly Dividend               

NEW YORK, Dec. 4, 2014 -- The Board of Directors of Verizon
Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of
55 cents per outstanding share, unchanged from the previous quarter. The
dividend is payable on Feb. 2, 2015, to Verizon Communications shareowners of
record at the close of business on Jan. 9, 2015.

Verizon has approximately 4.2 billion shares of common stock outstanding. The
company made $5.7 billion in cash dividend payments in the first three quarters
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 more than 106 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 178,500. For
more information, visit www.verizon.com/news/.

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 www.verizon.com/news/. The news releases are available
through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

SOURCE Verizon Communications Inc.

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

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