Verizon Boosts Quarterly Dividend From $0.6650 To $0.6775 Per Share
Portfolio Pulse from Benzinga Newsdesk
Verizon has announced an increase in its quarterly dividend from $0.6650 to $0.6775 per share, payable on November 1, 2024, to shareholders of record as of October 10, 2024.
September 04, 2024 | 9:32 pm
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Verizon has increased its quarterly dividend, which may attract income-focused investors and potentially support the stock price.
The increase in Verizon's dividend is likely to be viewed positively by income-focused investors, as it indicates the company's confidence in its cash flow and financial stability. This could lead to increased demand for the stock, supporting its price in the short term.
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