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Qtrly. Dividend

8th Jun 2007 14:22

Verizon Communications08 June 2007 Verizon Communications Inc. NEWS RELEASE FOR IMMEDIATE RELEASE Media contact:June 7, 2007 Bob [email protected] Verizon Communications Declares Quarterly Dividend NEW YORK - The Board of Directors of Verizon Communications Inc. (NYSE:VZ) todaydeclared a quarterly dividend of 40.5 cents per outstanding share, unchangedfrom the previous quarter. The dividend is payable on Aug. 1, 2007, to VerizonCommunications shareowners of record at the close of business on July 10, 2007. Verizon has approximately 2.5 million shareowners and approximately 2.9 billionshares of common stock outstanding. The company made $4.7 billion in dividendpayments in 2006. Verizon Communications Inc. (NYSE:VZ), headquartered in New York, is a leader indelivering broadband and other wireline and wireless communication innovationsto mass market, business, government and wholesale customers. Verizon Wirelessoperates America's most reliable wireless network, serving 60.7 millioncustomers nationwide. Verizon's Wireline operations include Verizon Business,which delivers innovative and seamless business solutions to customers aroundthe world, and Verizon Telecom, which brings customers the benefits of convergedcommunications, information and entertainment services over the nation's mostadvanced fiber-optic network. A Dow 30 company, Verizon has a diverse workforceof more than 238,000 and last year generated consolidated operating revenues ofmore than $88 billion. For more information, visit www.verizon.com. #### VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches andbiographies, media contacts, high quality video and images, and otherinformation are available at Verizon's News Center on the World Wide Web atwww.verizon.com/news. To receive news releases by e-mail, visit the News Centerand register for customized automatic delivery of Verizon news releases. This information is provided by RNS The company news service from the London Stock Exchange

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