VZ Hikes Quarterly Dividend
Verizon Communications Inc (NYSE: VZ) announced on Thursday that its board of directors has decided to raise the quarterly dividend by 2.6% to 48.75 cents a share.
This hike increases the annualized dividend from $1.90 a share to $1.95 a share. The dividend will be paid on November 1 to shareholders of record at the close of business on October 8, 2010.
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