Free Trial

Verizon Communications (VZ) Dividend Yield, Date & History

Verizon Communications logo
$39.93 -0.04 (-0.10%)
(As of 12/20/2024 05:45 PM ET)

Verizon Communications Dividend Summary

Dividend Yield
6.79%
Annual Dividend
$2.71
Next
Dividend Payment
Feb. 3
Annualized 3-Year
Dividend Growth
1.98%
Dividend Payout Ratio
116.81%

Verizon Communications (VZ) pays an annual dividend of $2.71 per share, with a dividend yield of 6.79%. The next quarterly payment of $0.6775 per share is scheduled for Monday, February 3, to investors who own the stock before the ex-dividend date of Friday, January 10. The company currently pays out 116.81% of its earnings and 31.97% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

VZ Dividend Payments by Quarter

The chart below displays up to four years of Verizon Communications' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

VZ Dividend Yield Over Time

The chart below tracks Verizon Communications' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Verizon Communications vs. The Competition

Compare Verizon Communications' annual dividend, yield, and 3-year growth rate with averages for Computer and NYSE companies to evaluate its performance against the market.

TypeVerizon CommunicationsComputer CompaniesNYSE Companies
Annual Dividend$2.71$0.03$1.39
Dividend Yield6.79%2.76%3.58%
Annualized 3-Year Dividend Growth1.98%12.57%15.78%

Verizon Communications Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings116.81%
Based on This Year's Estimate58.79%
Based on Next Year's Estimate57.17%
Based on Cashflow31.97%

Verizon Communications Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/5/2024quarterly$0.6775-$0.0005
0.07%
6.37%1/10/20251/10/20252/3/2025
9/4/2024Quarterly$0.6780+$0.0130
1.95%
6.56%10/10/202410/10/202411/1/2024
6/5/2024quarterly$0.6650 - 6.42%7/10/20247/10/20248/1/2024
This Crypto Is Set to Explode in December (Ad)

It's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…

2/29/2024quarterly$0.6650 - 6.6%4/9/20244/10/20245/1/2024
12/7/2023quarterly$0.6650 - 6.88%1/9/20241/10/20242/1/2024
9/7/2023quarterly$0.6650+$0.0125
1.92%
7.71%10/6/202310/10/202311/1/2023
6/1/2023quarterly$0.6525 - 7.31%7/7/20237/10/20238/1/2023
3/2/2023quarterly$0.6525 - 6.86%4/6/20234/10/20235/1/2023

This table shows Verizon Communications' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Verizon Communications Dividend - Frequently Asked Questions

The current dividend yield for Verizon Communications is 6.79%. Learn more on VZ's dividend yield history.

The annual dividend for VZ shares is $2.71. Learn more on VZ's annual dividend history.

Verizon Communications pays quarterly dividends to shareholders.

Verizon Communications's next quarterly dividend payment of $0.6775 per share will be made to shareholders on Monday, February 3, 2025.

Verizon Communications's most recent quarterly dividend payment of $0.6780 per share was made to shareholders on Friday, November 1, 2024.

Verizon Communications's next ex-dividend date is Friday, January 10, 2025.

Verizon Communications's most recent ex-dividend date was Thursday, October 10, 2024.

Over the past three years, the company's dividend has grown by an average of 1.98% per year.

The most recent change in the company's dividend was a decrease of $0.0005 on Thursday, December 5, 2024.

The dividend payout ratio for VZ is:
  • 116.81% based on the trailing year of earnings
  • 58.79% based on this year's estimates
  • 57.17% based on next year's estimates
  • 31.97% based on cash flow

Verizon Communications' dividend yield of 6.65% is higher than the average Computer and Technology company that issues a dividend. VZ has a dividend yield higher than 75% of all dividend-paying stocks 5.61, making it a leading dividend payer. Verizon Communications' dividend payout ratio of 116.81% may not be sustainable. However, based on earnings estimates, VZ will have a more sustainable dividend payout ratio of 57.17% next year.

Looking at the stock as a whole, market analysts rate Verizon Communications stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:VZ) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners