VERIZON COMMUNICATIONS INC - 3/6/15: Verizon Declares Quarterly Dividend

3/6/15: Verizon Declares Quarterly Dividend

NEW YORK, March 6, 2015 -- The Board of Directors of Verizon Communications
Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 55 cents per
outstanding share, unchanged from the previous quarter. The dividend is payable
on May 1, 2015, to Verizon Communications shareowners of record at the close of
business on April 10, 2015.

Verizon has approximately 4.2 billion shares of common stock outstanding. The
company made $7.8 billion in cash dividend payments in 2014.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a
global leader in delivering broadband and other wireless and wireline
communications services to consumer, business, government and wholesale
customers. Verizon Wireless operates America's most reliable wireless network,
with more than 108 million retail connections nationwide. Verizon also provides
converged communications, information and entertainment services over America's
most advanced fiber-optic network, and delivers integrated business solutions
to customers worldwide. A Dow 30 company with more than $127 billion in 2014
revenues, Verizon employs a diverse workforce of 177,300. For more information,
visit www.verizon.com/news/.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and
biographies, media contacts and other information are available at Verizon's
online News Center at www.verizon.com/news/. The news releases are available
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CONTACT: Media contact: Bob Varettoni, 908-559-6388,
[e-mail]