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Verizon Communications (VZ) Dividend Yield, Date & History

$41.04
+0.19 (+0.47%)
(As of 08/21/2024 ET)

Dividend Summary

Dividend Yield
6.48%
Annual Dividend
$2.66
Dividend Increase
Track Record
19 Years
Annualized 3-Year
Dividend Growth
1.98%
Dividend Payout Ratio
99.25%
Recent
Dividend Payment
Aug. 1
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Verizon Communications vs. The Competition

TypeVerizon CommunicationsComputer CompaniesNYSE Companies
Annual Dividend$2.66$3.34$1.39
Dividend Yield6.48%270.15%352.48%
Annualized 3-Year Dividend Growth1.98%12.62%15.61%
Track Record19 years16 years23 years

Verizon Communications Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings99.25%
Based on This Year's Estimates58.08%
Based on Next Year's Estimates56.96%
Based on Cashflow29.69%

Verizon Communications Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/5/2024quarterly$0.66506.42%7/10/20247/10/20248/1/2024
2/29/2024quarterly$0.66506.6%4/9/20244/10/20245/1/2024
12/7/2023quarterly$0.66506.88%1/9/20241/10/20242/1/2024
9/7/2023quarterly$0.66507.71%10/6/202310/10/202311/1/2023
6/1/2023quarterly$0.65257.31%7/7/20237/10/20238/1/2023
3/2/2023quarterly$0.65256.86%4/6/20234/10/20235/1/2023
12/1/2022quarterly$0.65256.88%1/9/20231/10/20232/1/2023
9/7/2022quarterly$0.65256.4%10/6/202210/7/202211/1/2022
5/31/2022quarterly$0.645.01%7/7/20227/8/20228/1/2022
2/28/2022quarterly$0.644.76%4/7/20224/8/20225/2/2022
12/3/2021quarterly$0.645%1/7/20221/10/20222/1/2022
9/2/2021quarterly$0.644.63%10/7/202110/8/202111/1/2021
6/2/2021Quarterly$0.62704.43%7/8/20217/9/20218/2/2021
3/4/2021quarterly$0.62754.6%4/8/20214/9/20215/3/2021
12/3/2020quarterly$0.62754.09%1/7/20211/8/20212/1/2021
9/3/2020quarterly$0.62754.16%10/8/202010/9/202011/2/2020
6/4/2020quarterly$0.61504.33%7/9/20207/10/20208/3/2020
3/6/2020quarterly$0.61504.3%4/9/20204/13/20205/1/2020
12/6/2019quarterly$0.61504%1/9/20201/10/20202/3/2020
9/5/2019quarterly$0.61504.22%10/9/201910/10/201911/1/2019
6/6/2019quarterly$0.60254.17%7/9/20197/10/20198/1/2019
3/11/2019quarterly$0.60254.19%4/9/20194/10/20195/1/2019
12/6/2018quarterly$0.60254.21%1/9/20191/10/20192/1/2019
9/6/2018quarterly$0.60254.45%10/9/201810/10/201811/1/2018
6/7/2018quarterly$0.594.8%7/9/20187/10/20188/1/2018
3/6/2018quarterly$0.594.82716301902229%4/9/20184/10/20185/1/2018
12/7/2017quarterly$0.594.62%1/9/20181/10/20182/1/2018
9/7/2017quarterly$0.595.12%10/6/201710/10/201711/1/2017
6/1/2017quarterly$0.57754.97%7/6/20177/10/20178/1/2017
3/3/2017quarterly$0.57754.62%4/6/20174/10/20175/1/2017
12/1/2016quarterly$0.57754.64%1/6/20171/10/20172/1/2017
9/1/2016quarterly$0.01254.37%10/5/201610/7/201611/1/2016
6/2/2016quarterly$0.56504.44%7/6/20167/8/20168/1/2016
3/4/2016quarterly$0.56504.33%4/6/20164/8/20165/2/2016
12/3/2015quarterly$0.56504.94%1/6/20161/8/20162/1/2016
9/3/2015quarterly$0.56505.04%10/7/201510/9/201511/2/2015
6/4/2015quarterly$0.554.66%7/8/20157/10/20158/3/2015
3/6/2015quarterly$0.554.56%4/8/20154/10/20155/1/2015
12/4/2014quarterly$0.554.53%1/7/20151/9/20152/2/2015
9/4/2014quarterly$0.554.41%10/8/201410/10/201411/3/2014
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6/5/2014quarterly$0.534.29%7/8/20147/10/20148/1/2014
3/7/2014quarterly$0.534.51%4/8/20144/10/20145/1/2014
12/5/2013quarterly$0.534.28%1/8/20141/10/20142/3/2014
9/2/2013quarterly$0.534.53%10/8/201310/10/201311/1/2013
6/6/2013quarterly$0.51504.1%7/8/20137/10/20138/1/2013
3/8/2013quarterly$0.51504.31%4/8/20134/10/20135/1/2013
12/9/2012quarterly$0.51504.64%1/8/20131/10/20132/1/2013
(Data available from 1/1/2013 forward)

Verizon Communications Dividend - Frequently Asked Questions

What is Verizon Communications's dividend yield?

The current dividend yield for Verizon Communications is 6.48%. Learn more on VZ's dividend yield history.

How much is Verizon Communications's annual dividend?

The annual dividend for VZ shares is $2.66. Learn more on VZ's annual dividend history.

How often does Verizon Communications pay dividends?

Verizon Communications pays quarterly dividends to shareholders.

When was Verizon Communications's most recent dividend payment?

Verizon Communications's most recent quarterly dividend payment of $0.6650 per share was made to shareholders on Thursday, August 1, 2024.

When was Verizon Communications's most recent ex-dividend date?

Verizon Communications's most recent ex-dividend date was Wednesday, July 10, 2024.

Is Verizon Communications's dividend growing?

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

What track record does Verizon Communications have of raising its dividend?

Verizon Communications has increased its dividend for the past 19 consecutive years.

When did Verizon Communications last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.0125 on Thursday, September 7, 2023.

What is Verizon Communications's dividend payout ratio?
The dividend payout ratio for VZ is:
  • 99.25% based on the trailing year of earnings
  • 58.08% based on this year's estimates
  • 56.96% based on next year's estimates
  • 29.69% based on cash flow
Is Verizon Communications a good dividend stock?

Verizon Communications' dividend yield of 6.64% 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 5.71, making it a leading dividend payer. The company's 19 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Verizon Communications' dividend payout ratio of 99.25% may not be sustainable. However, based on earnings estimates, VZ will have a more sustainable dividend payout ratio of 56.96% next year.

This page (NYSE:VZ) was last updated on 8/22/2024 by MarketBeat.com Staff

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