The Board of Directors at Verizon today declared a quarterly dividend of 67.75 cents per share, an increase of 1.25 cents per share from the previous quarter. $VZ now yields 6.53%.
This is the 18th consecutive year Verizon’s Board has approved a quarterly dividend increase.
“Our strong focus on three key pillars – wireless service revenue growth, adjusted EBITDA expansion, and free cash flow generation – has once again put the Board in a position to raise the dividend," said Chairman and CEO Hans Vestberg. "This unwavering commitment to our strategic priorities, combined with our consistently disciplined financial management and our dedication to serving our customers with the best in mobility and broadband, continue to position us well for future growth."
Verizon has approximately 4.2 billion shares of common stock outstanding. The company made nearly $5.6 billion in cash dividend payments in the first half of 2024.
Someone who retired with $1 Million at the end of 1999 in S&P 500, using the 4% rule, would have $330,000 by the end of 2023
Someone who retired with $1 Million at the end of 1999 in Dividend Aristocrats, using the 4% rule, would have over $5.25 Million by end of 2023
@Majrodrigo Dank je wel, fijn om te lezen dat ik je geïnspireerd hebt om te starten met beleggen
Het klopt dat mijn site inmiddels uit de lucht is. Vanwege privé omstandigheden heb ik de keuze gemaakt om (tijdelijk) te stoppen.
Misschien dat ik in de toekomst weer de draad oppak.
I updated my spreadsheet and June 2024 was a record breaking month. For the first time I've collected more than 2k in dividends!! #Vrijheidfonds#DGI#HAPPY_FUMA_DAY