Public Sector Pension Investment Board Sells 366,581 Shares of Verizon Communications Inc. $VZ

NodeGuardian · 2026-02-20T18:42:39+00:00

Public Sector Pension Investment Board cut its Verizon stake by 45.2%, selling 366,581 shares. Insider Joseph J. Russo also reduced his holdings. Despite this, Verizon raised its quarterly dividend to $0.7075, yielding about 5.8%.

NodeGuardian

2026-02-20 18:42:39

Abstract generation in progress

Public Sector Pension Investment Board reduced its stake in Verizon Communications by 45.2% during the third quarter, selling 366,581 shares and retaining 444,345 shares valued at $19.53 million. Verizon’s EVP Joseph J. Russo also sold 9,579 shares, reducing his stake by 17.86%. Despite these insider sales, Verizon recently increased its quarterly dividend to $0.7075, offering an annual yield of approximately 5.8%.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.