Verizon Communications stock dividend history, payout ratio & dates (2024)

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  1. Stocks
  2. Communication Services
  3. NYSE: VZ
  4. Dividend

Verizon Communications's last quarterly dividend of $0.665 per share was on Apr 9, 2024 (ex-date). The annualized dividend payment of $2.65 per share represents a current dividend yield of 6.44%.

Key dates

  • VZ last dividend date: Apr 9, 2024
  • VZ next dividend date: Jul 10, 2024

Peer dividends: T SHEN TDS SPOK AAPL

Dividend yield

What is Verizon Communications current dividend yield

Verizon Communications's dividend yield of 6.44% is higher than the Communication Services sector, the industry and its peers average. If we compare it with the Communication Services sector average of 3.52%, Verizon Communications's dividend yield is 83% higher. The historical 5-year average of VZ's dividend yield is 5.3%, which is less than the current one.

Dividend history

What is VZ dividend payout history and dates

Verizon Communications has a history of paying dividends since 1994. Our records of VZ show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 1.9% since one year ago. But with the stock price up by 10% from a year ago, the dividend yield marks a decrease of 8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 9, 2024 May 1, 2024 Feb 29, 2024 $0.665 normal
Jan 9, 2024 Feb 1, 2024 Dec 7, 2023 $0.665 normal
Oct 6, 2023 Nov 1, 2023 Sep 7, 2023 $0.665 normal
Jul 7, 2023 Aug 1, 2023 Jun 1, 2023 $0.653 normal
Apr 6, 2023 May 1, 2023 Mar 2, 2023 $0.653 normal
Jan 9, 2023 Feb 1, 2023 Dec 1, 2022 $0.653 normal
Oct 6, 2022 Nov 1, 2022 Sep 6, 2022 $0.653 normal
Jul 7, 2022 Aug 1, 2022 May 31, 2022 $0.64 normal
Apr 7, 2022 May 2, 2022 Feb 28, 2022 $0.64 normal
Jan 7, 2022 Feb 1, 2022 Dec 2, 2021 $0.64 normal
Oct 7, 2021 Nov 1, 2021 Sep 2, 2021 $0.64 normal
Jul 8, 2021 Aug 2, 2021 Jun 2, 2021 $0.628 normal
Apr 8, 2021 May 3, 2021 Mar 3, 2021 $0.628 normal
Jan 7, 2021 Feb 1, 2021 Dec 3, 2020 $0.628 normal
Oct 8, 2020 Nov 2, 2020 Sep 3, 2020 $0.628 normal
Jul 9, 2020 Aug 3, 2020 Jun 4, 2020 $0.615 normal
Apr 9, 2020 May 1, 2020 Mar 5, 2020 $0.615 normal
Jan 9, 2020 Feb 3, 2020 Dec 5, 2019 $0.615 normal
Oct 9, 2019 Nov 1, 2019 Sep 5, 2019 $0.615 normal
Jul 9, 2019 Aug 1, 2019 Jun 6, 2019 $0.603 normal
Apr 9, 2019 May 1, 2019 Mar 8, 2019 $0.603 normal
Jan 9, 2019 Feb 1, 2019 Dec 6, 2018 $0.603 normal
Oct 9, 2018 Nov 1, 2018 Sep 6, 2018 $0.603 normal
Jul 9, 2018 Aug 1, 2018 Jun 7, 2018 $0.59 normal
Apr 9, 2018 May 1, 2018 Mar 6, 2018 $0.59 normal
Jan 9, 2018 Feb 1, 2018 Dec 7, 2017 $0.59 normal
Oct 6, 2017 Nov 1, 2017 Sep 7, 2017 $0.59 normal
Jul 6, 2017 Aug 1, 2017 Jun 1, 2017 $0.578 normal
Apr 6, 2017 May 1, 2017 Mar 3, 2017 $0.578 normal
Jan 6, 2017 Feb 1, 2017 Dec 1, 2016 $0.578 normal
Oct 5, 2016 Nov 1, 2016 Sep 1, 2016 $0.578 normal
Jul 6, 2016 Aug 1, 2016 Jun 2, 2016 $0.565 normal
Apr 6, 2016 May 2, 2016 Mar 4, 2016 $0.565 normal
Jan 6, 2016 Feb 1, 2016 Dec 3, 2015 $0.565 normal
Oct 7, 2015 Nov 2, 2015 Sep 3, 2015 $0.565 normal
Jul 8, 2015 Aug 3, 2015 Jun 4, 2015 $0.55 normal

Verizon Communications dividend payout ratio

What is Verizon Communications dividend payout ratio compared to the sector

Payout ratio

Verizon Communications's payout ratio of 98.8% is above the Communication Services sector, the industry and its peers average. Compared to its Communication Services sector average of 39.7%, Verizon Communications's payout ratio is 149% higher.

Total amount of dividends paid per financial year (from cash flow)

VZ dividend vs peer dividends

How does VZ dividend compare to its peers' dividends

Name Dividend yield DPS Payout ratio
SPOK Spok Holdings Inc 8.31% $1.25 148.8%
VZ Verizon Communications Inc 6.44% $2.65 98.8%
5.94% $1.11 59.7%
2.96% $0.6 N/A
SHEN Shenandoah Telecommunications Co 0.53% $0.09 2.1%
AAPL Apple Inc 0.44% $0.97 15%

Frequently asked questions

Does Verizon Communications pay a dividend?

Yes, Verizon Communications has paid four dividends in the last 12 months. VZ has been paying dividends since 1994.

When is Verizon Communications's next dividend?

VZ has announced its next dividend with ex-date Jul 10, 2024.

When was VZ's last dividend?

Verizon Communications's last regular dividend was on Apr 9, 2024 (ex-date) with the amount of $0.665 per share.

How much dividend does Verizon Communications pay (per share)?

On an annual basis VZ pays $2.65 per share.

What is Verizon Communications's dividend yield?

Verizon Communications's current dividend yield is 6.44%.

How often does Verizon Communications pay dividends?

Verizon Communications has a quarterly dividend frequency.

What is Verizon Communications's dividend payout ratio?

The dividend payout ratio of Verizon Communications is 98.8%.

Does Verizon Communications pay a good dividend?

Verizon Communications's dividend yield is more than the Communication Services sector average.

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Verizon Communications stock dividend history, payout ratio & dates (2024)

FAQs

What is the dividend payout ratio for Verizon Communications? ›

Min: 0.3 Med: 0.5 Max: 0.89

During the past 13 years, the highest Dividend Payout Ratio of Verizon Communications was 0.89. The lowest was 0.30. And the median was 0.50. As of today (2024-08-17), the Dividend Yield % of Verizon Communications is 6.55%.

What is the dividend history of Verizon Communications? ›

Dividend History and Growth

Verizon Communications Inc. ( VZ ) dividend payments per share are an average of 1.92% over the past 12 months, 1.95% over the past 36 months, 1.99% over the past 60 months, and 2.29% over the past 120 months.

What is the payout for Verizon? ›

Verizon dispenses its payout once every quarter. The current disbursem*nt is just under $0.67 per share, for a yield of 6.6%. The company has a habit of raising it once per year, albeit incrementally. Its recent annual bumps have all been barely over $0.01 per share, and those raises tend to occur late in the year.

What is the average dividend yield for Verizon? ›

Historical dividend payout and yield for Verizon (VZ) since 1986. The current TTM dividend payout for Verizon (VZ) as of August 13, 2024 is $2.66. The current dividend yield for Verizon as of August 13, 2024 is 6.53%.

What is a good dividend payout ratio? ›

So, what counts as a “good” dividend payout ratio? Generally speaking, a dividend payout ratio of 30-50% is considered healthy, while anything over 50% could be unsustainable.

Is Verizon stock a buy? ›

Verizon has a consensus rating of Moderate Buy which is based on 7 buy ratings, 7 hold ratings and 0 sell ratings.

What is Verizon's next dividend? ›

Dividend Summary
SummaryPrevious dividendNext dividend
Per share66.5cSign Up Required
Declaration date05 Jun 2024 (Wed)05 Sep 2024 (Thu)
Ex-div date10 Jul 2024 (Wed)10 Oct 2024 (Thu)
Pay date01 Aug 2024 (Thu)01 Nov 2024 (Fri)
2 more rows

Is Verizon a dividend growth stock? ›

VZ (Verizon Communications) 5-Year Dividend Growth Rate : 2.00% (As of Jun. 2024)

Which stocks pay the highest monthly dividends? ›

Top 9 monthly dividend stocks by yield
SymbolCompany nameForward dividend yield (annual)
SILASILA Realty Trust6.84%
APLEApple Hospitality REIT6.57%
MAINMain Street Capital Corp.5.75%
ORealty Income Corp.5.44%
5 more rows
Aug 1, 2024

Is Verizon offering a buyout? ›

Verizon's plan to cull $10 billion in costs from its operations is getting very real now. First, thin out the ranks of old, middle-manager types. Verizon is offering 44,000 of its management employees a buyout deal as part of a four-year, $10 billion cost-cutting scheme.

What is the fair price of Verizon? ›

As of 2024-08-17, the Fair Value of Verizon Communications Inc (VZ) is 13.37 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 40.61 USD, the upside of Verizon Communications Inc is -67.1%.

What is promise to pay for Verizon? ›

Promise to pay: Setting up a promise to pay is when you choose a date to pay us but you don't schedule any automatic payments. It's up to you to come back and pay us on the date that you chose. You can: Promise to pay part or all of your account balance by a certain date.

What is Verizon's dividend payout ratio? ›

VZ Dividend Safety Grade
TypeGradeVZ
Cash Dividend Payout Ratio (TTM)D+57.83%
Dividend Payout Ratio (TTM) (GAAP)view ratings99.63%
Dividend Payout Ratio (TTM) (Non GAAP)view ratings57.83%
Dividend Payout Ratio (FY1) (Non GAAP)view ratings58.64%
23 more rows

What is an excellent dividend yield? ›

What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.

What is the expected dividend payout ratio? ›

To calculate the dividend payout ratio, the formula divides the dividend amount distributed in the period by the net income in the same period. For example, if a company issued $20 million in dividends in the current period with $100 million in net income, the payout ratio would be 20%.

What is the AT&T dividend payout ratio? ›

AT&T (T) Dividend Payout Ratio : 0.49 (As of Jun. 2024)

What is Verizon stock dividend growth rate? ›

During the past 12 months, Verizon Communications's average Dividends Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.00% per year.

What is Verizon Communications price earnings ratio? ›

As of Aug 16, 2024, the Verizon Communications stock's PE ratio is 15.21. This takes into account the latest EPS of $2.67 and stock price of $40.61. The PE ratio has grown by 19% from its last 4 quarters average of 12.8.

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