Verizon declares quarterly dividend on February 28

Core Viewpoint - Verizon Communications Inc. has demonstrated strong performance in 2024, achieving significant growth in wireless postpaid phone net additions and expanding its broadband market share, while maintaining a consistent dividend policy [2][3]. Group 1: Financial Performance - Verizon more than doubled its wireless postpaid phone net additions in 2024 compared to 2023 [2]. - The company delivered impactful revenue growth and operational results, aligning with its financial guidance for 2025 [2]. - Verizon made over $11.2 billion in cash dividend payments in 2024 [3]. Group 2: Dividend Information - The Board of Directors declared a quarterly dividend of 67.75 cents per outstanding share, unchanged from the previous quarter [1]. - The quarterly dividend is payable on May 1, 2025, to shareholders of record as of April 10, 2025 [1]. - Verizon has a history of 18 consecutive years of dividend increases, reflecting its commitment to shareholder returns [3]. Group 3: Strategic Focus - The company emphasizes a customer-centric strategy aimed at enhancing connections and strengthening customer relationships [3]. - Verizon is committed to delivering high-quality mobility, broadband, and networking products and services while maintaining financial and operational discipline [3].