2nd Mar 2007 16:56
Verizon Communications02 March 2007 NEWS RELEASE FOR IMMEDIATE RELEASE Media contact: March 1, 2007 Bob Varettoni 908-559-6388 [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 May 1, 2007, to VerizonCommunications shareowners of record at the close of business on April 10, 2007. Verizon has approximately 2.7 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 more than 59 millioncustomers nationwide. Verizon's Wireline operations include Verizon Business,which operates one of the most expansive wholly owned global IP networks, andVerizon Telecom, which is deploying the nation's most advanced fiber-opticnetwork to deliver the benefits of converged communications, information andentertainment services to customers. A Dow 30 company, Verizon has a diverseworkforce of approximately 242,000 and last year generated consolidatedoperating revenues of more than $88 billion. For more information, visitwww.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 ExchangeRelated Shares:
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