Verizon Communications Inc. (NYSE:VZ) is one of the Blue Chip Stocks to Buy with the Lowest PE Ratios. On September 5, the Board of Directors of Verizon Communications Inc. (NYSE:VZ) announced a quarterly dividend increase to 69 cents per share. This represents a 1.25 cent increase from the previous quarter and will be paid on November 3, 2025, to shareholders of record as of October 10, 2025.
This marks the 19th consecutive annual increase in dividend by the company. The CEO of Verizon Communications Inc. (NYSE:VZ), Hans Vestberg, noted that the increase highlights the company’s strong balance sheet and operational performance. He emphasized the company’s commitment to shareholders and its ongoing efforts to lead in network superiority.
Verizon Communications Inc. (NYSE:VZ) is a major telecommunications company. It provides wireless and wireline communication services, including broadband internet through 4G and 5G networks.
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Disclosure: None. This article is originally published at Insider Monkey.