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Daily Dividend Report: VZ, CB, ATI, PKG, TCO
Thursday, September 2, 4:58 PM ET

On Thursday, Verizon Communications (NYSE:VZ) declared its quarterly dividend of 48.75 cents per share, an increase of about 3% over its prior dividend. Based on the current stock price, investors can expect a yield of about 6.5% going forward.

Shares of VZ were lower this afternoon, falling 0.8%.

In other dividend news, Chubb (NYSE:CB) maintained its quarterly dividend of 37 cents per share. Allegheny Technologies (NYSE:ATI) maintained its quarterly dividend of 18 cents per share. Packaging Corporation of American (NYSE:PKG) maintained its quarterly dividend of 15 cents per share. And Taubman Centers (NYSE:TCO) maintained its quarterly dividend of 41.5 cents per share.

For MarketNewsVideo.com, I’m Kristin Bi

Regards,

Don