Verizon Wireless to pay USD 7 bln in dividends

News Wireless United States 14 MEI 2013
Verizon Wireless to pay USD 7 bln in dividends
Verizon Wireless has approved a dividend worth USD 7.0 billion for its shareholders Verizon Communications and Vodafone. The dividend will be paid on 25 June. Verizon Communications owns 55 percent of the mobile operator, and Vodafone Group owns the remaining 45 percent. 

Vodafone said its share of the dividend would be USD 3.2 billion (GBP 2.1 billion). The company said it will say more on how it plans to use the cash at its next quarterly results announcement, on 21 May. 

Categories:

Mobile

Companies:

Verizon Wireless,  Vodafone Group,  Verizon Communications

Countries:

United States

Tags:

Shareholders & subsidiaries, Finance

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