Verizon (NYSE: VZ - News), the largest US wireless carrier, has increased its quarterly dividend by 3.3% to 47.5 cents per share, equating to approximately 6.3% yield. Annualized, this increases the company’s dividend to $1.90 per share, reflecting 6% growth from the current dividend of $1.84 per share. The quarterly dividend is payable on November 2, 2009, to the shareholders of record as of October 9, 2009.

Source: Yahoo.com, Verizon Investor Relations and iMOBHQ Research Notes.