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VZ » Topics » Financial Growth and Profitability

This excerpt taken from the VZ DEFA14A filed Apr 7, 2009.

Financial Growth and Profitability

Verizon achieved strong financial and operating performance, despite a recessionary economy and a high level of competition. For 2008, Verizon*:

 

  •  

Increased consolidated adjusted total revenue by over 5%;

 

  •  

Increased adjusted EPS by more than 7%;

 

  •  

Invested more than $17 billion of capital for future growth;

 

  •  

Increased its dividend by 7%; and

 

  •  

Produced industry leading results in wireless net retail customer additions.

In addition, Verizon outperformed its market benchmarks over the three-year long-term incentive period. From 2006-2008, Verizon’s total return was 35%, compared with a median decline of 12% for the Related Dow Peers and a decline of 23% for the S&P 500 index.

This excerpt taken from the VZ DEFA14A filed Mar 30, 2009.

Financial Growth and Profitability

Verizon achieved strong financial and operating performance, despite a recessionary economy and a high level of competition. For 2008, Verizon*:

 

  •  

Increased consolidated adjusted total revenue by over 5%;

 

  •  

Increased adjusted EPS by more than 7%;

 

  •  

Invested more than $17 billion in future growth;

 

  •  

Increased its dividend by 7%; and

 

  •  

Produced industry leading results in wireless net retail customer additions.

In addition, Verizon outperformed its market benchmarks over the three-year long-term incentive period. From 2006-2008, Verizon’s total shareholder return was 35%, compared with a median decline of 12% for the Related Dow Peers and a decline of 23% for the S&P 500 index.

EXCERPTS ON THIS PAGE:

DEFA14A
Apr 7, 2009
DEFA14A
Mar 30, 2009

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