Verizon Communications Inc. (VZ) Declared Quarterly Dividend

Verizon Communications Inc. (NYSE:VZ) is one of the best Dow stocks to invest in.

On June 6, Verizon Communications Inc. (NYSE:VZ) declared a quarterly dividend of $0.6775 per share, which was in line with its previous dividend.

While the company didn’t raise its dividend this time around, it has maintained a consistent track record, increasing it for 18 straight years. This steady growth has been supported, in part, by its strong cash position. In the most recent quarter, Verizon Communications Inc. (NYSE:VZ)  posted solid financial results, with operating cash flow rising to $7.8 billion, up from $7.1 billion in the same period last year. Free cash flow also improved, climbing from $2.7 billion to $3.6 billion.

Chairman and CEO Hans Vestberg made the following comment regarding the company's dividend policy:

“As the nation’s leader in mobility and broadband for consumers and businesses, we create great experiences for a broad and high-quality base of customers. This allows us to continue paying our dividend even in uncertain economic environments, while investing in our business to extend our network leadership, enhance America’s communications infrastructure and meet the present and future needs of all our customers.”

Verizon Communications Inc. (NYSE:VZ) is maintaining a focused and thoughtful strategy to reach its financial objectives by concentrating on specific customer groups and tailoring its services for a more personalized experience. With a solid financial foundation, the company keeps reinvesting in its operations and advancing innovation to enhance customer service.

VZ has surged by nearly 10% since the start of 2025.

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