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Looks like Verizon Wireless is doing quite well for themselves. So well, in fact, that Verizon’s Q4 2008 accounting books showed a 15% growth in quarterly earnings. Verizon netted themselves a cool $1.24 billion in the previous quarter, bucking the trend of fiscal losses in this gloomy economy. All that success is being passed down to Verizon’s shareholders (as of April 9) with Verizon Wireless’s declaration that quarterly dividends will be paid out on May 1.
Verizon Wireless will pay out $0.46 for each of its 2.8 billion shares of common stock held by some 2.4 million shareholders.
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
