Verizon Wireless to Pay $10B Dividend

NEW YORK (TheStreet) — Verizon Wireless plans to pay a dividend of $10 billion in January to its parent companies, Verizon Communications and Vodafone , the first dividend payment in years. Verizon owns 55% of Verizon Wireless and controls the operations of the largest U.S. wireless carrier. Vodafone owns 45%. Verizon will get $5.5 billion of the dividend while Vodafone, the British mobile …

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Verizon Wireless to Pay $10B Dividend