Verizon declares a quarterly dividend increase to 69 cents per share, marking the 19th consecutive annual raise.
Quiver AI Summary
Verizon Communications Inc. announced a quarterly dividend increase to 69 cents per share, up 1.25 cents from the previous quarter, marking the 19th consecutive annual increase. The dividend will be payable on November 3, 2025, to shareholders on record by October 10, 2025. This increase reflects the company's strong financial management and focus on long-term growth, as Verizon continues to expand its mobility and broadband networks while generating consistent cash flow. CEO Hans Vestberg stated that the dividend raise demonstrates Verizon's commitment to shareholders and highlights its operational performance and strong balance sheet. With over 4.2 billion shares outstanding, Verizon aims to meet customer demands for connectivity and innovation.
Potential Positives
- The declaration of a quarterly dividend of 69 cents per share, representing a 1.25 cent increase from the previous quarter, demonstrates the company's commitment to returning value to shareholders.
- This marks the 19th consecutive annual increase in dividends, reflecting Verizon's stable financial management and growth strategy.
- The company generated over $11.2 billion in cash dividend payments in 2024, highlighting strong cash flow and operational performance.
- Verizon's strategic expansion in mobility and broadband networks positions the company to capture high-value customer segments, supporting long-term innovation and growth.
Potential Negatives
- The incremental increase in the dividend may indicate a lack of significantly stronger financial performance, as a more substantial increase could reflect greater confidence in future profitability.
- By announcing a dividend while also emphasizing the need for continued investment in innovation, the company may raise concerns among investors about its balance between returning value to shareholders and sustaining growth.
- Verizon's reliance on dividend payments, while representing strong cash flow, may lead to scrutiny regarding its long-term growth strategy and the potential for reinvestment in the business.
FAQ
What is the new dividend amount declared by Verizon?
Verizon declared a quarterly dividend of 69 cents per outstanding share, an increase of 1.25 cents from the previous quarter.
When will the new dividend be payable?
The new dividend will be payable on November 3, 2025, to shareholders of record by October 10, 2025.
How many consecutive years has Verizon increased its dividend?
This marks the 19th consecutive annual increase in Verizon's dividend.
What financial strategy supports Verizon's dividend increase?
The increase is a result of Verizon's disciplined financial management and focus on long-term growth through network expansion.
How much did Verizon pay in dividends in 2024?
Verizon made more than $11.2 billion in cash dividend payments in 2024.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VZ Congressional Stock Trading
Members of Congress have traded $VZ stock 9 times in the past 6 months. Of those trades, 3 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $VZ stock by members of Congress over the last 6 months:
- REPRESENTATIVE TIM MOORE has traded it 2 times. They made 1 purchase worth up to $50,000 on 07/29 and 1 sale worth up to $50,000 on 08/01.
- REPRESENTATIVE RITCHIE TORRES sold up to $15,000 on 07/11.
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/24 and 1 sale worth up to $15,000 on 07/10.
- REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 05/12.
- REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 04/11.
- REPRESENTATIVE ROBERT BRESNAHAN purchased up to $50,000 on 04/08.
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 04/01.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$VZ Insider Trading Activity
$VZ insiders have traded $VZ stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $VZ stock by insiders over the last 6 months:
- KYLE MALADY (EVP and Group CEO-VZ Business) has made 0 purchases and 6 sales selling 41,500 shares for an estimated $1,806,728.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VZ Hedge Fund Activity
We have seen 1,558 institutional investors add shares of $VZ stock to their portfolio, and 1,464 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ added 25,088,080 shares (+79.6%) to their portfolio in Q2 2025, for an estimated $1,085,561,221
- CAPITAL WORLD INVESTORS removed 12,670,524 shares (-56.9%) from their portfolio in Q2 2025, for an estimated $548,253,573
- FMR LLC removed 6,693,242 shares (-15.4%) from their portfolio in Q2 2025, for an estimated $289,616,581
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 5,916,250 shares (-50.0%) from their portfolio in Q2 2025, for an estimated $255,996,137
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 5,660,185 shares (+13.5%) to their portfolio in Q2 2025, for an estimated $244,916,204
- VANGUARD GROUP INC added 4,615,075 shares (+1.3%) to their portfolio in Q2 2025, for an estimated $199,694,295
- STATE STREET CORP added 4,205,449 shares (+2.1%) to their portfolio in Q2 2025, for an estimated $181,969,778
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VZ Analyst Ratings
Wall Street analysts have issued reports on $VZ in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Goldman Sachs issued a "Buy" rating on 09/02/2025
- Tigress Financial issued a "Buy" rating on 04/28/2025
- Oppenheimer issued a "Outperform" rating on 04/01/2025
To track analyst ratings and price targets for $VZ, check out Quiver Quantitative's $VZ forecast page.
$VZ Price Targets
Multiple analysts have issued price targets for $VZ recently. We have seen 9 analysts offer price targets for $VZ in the last 6 months, with a median target of $49.0.
Here are some recent targets:
- Michael Ng from Goldman Sachs set a target price of $49.0 on 09/02/2025
- Michael Funk from B of A Securities set a target price of $49.0 on 07/22/2025
- Jonathan Atkin from RBC Capital set a target price of $46.0 on 07/22/2025
- Philip Cusick from JP Morgan set a target price of $49.0 on 07/22/2025
- Benjamin Swinburne from Morgan Stanley set a target price of $48.0 on 07/22/2025
- Eric Luebchow from Wells Fargo set a target price of $43.0 on 07/10/2025
- Ivan Feinseth from Tigress Financial set a target price of $56.0 on 04/28/2025
Full Release
NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 69 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 3, 2025 to Verizon shareholders of record at the close of business on October 10, 2025.
This 19th consecutive annual increase is a direct result of the company's disciplined financial management and unwavering focus on long-term growth. By strategically expanding both its mobility and broadband networks to capture high-value customer segments, Verizon generates the consistent, durable cash flow necessary to reward shareholders while simultaneously investing in future innovation.
“The Board and I are pleased to raise our dividend for the 19th year in a row, continuing in a tradition of steady raises that reflect our strong balance sheet, operational performance and commitment to our shareholders,” said Hans Vestberg, Chairman and Chief Executive Officer of Verizon. “We continue to transform Verizon by expanding our lead in network superiority, delivering on our capital allocation priorities and creating new services that power and empower how people live, work and play.”
Verizon has approximately 4.2 billion shares of common stock outstanding. The company made more than $11.2 billion in cash dividend payments in 2024.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news . News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/ .
Media contact:
Jamie Serino
[email protected]
(201) 401-5460
