VZ
Verizon Communications
dividend history, payout ratio & dates
- Stocks
- Communication Services
- NYSE: VZ
- Dividend
Last dividend date: Apr 10, 2026
Dividend yield: 5.75%
Payout ratio: 67.4%
Verizon Communications's last dividend of $0.708 per share was on Apr 10, 2026 (ex-date). The annualized dividend payment of $2.77 per share represents a current dividend yield of 5.75%. The latest VZ payout of $0.708 marks a dividend growth of 2.5%.
VZ dividend stats
vs. Communication Services sector
Verizon Communications Dividend yield
Verizon Communications's dividend yield of 5.75% is higher than the Communication Services sector, the industry and its peers average. If we compare it with the Communication Services sector average of 4.07%, Verizon Communications's dividend yield is 41% higher. The historical 5-year average of VZ's dividend yield is 6.2%, which is more than the current one.
VZ Dividend history
Verizon Communications has a history of paying dividends since 1991. Our records of VZ show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 2.5% since one year ago. But with the stock price up by 11% from a year ago, the dividend yield marks a decrease of 8%.
Verizon Communications Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Apr 10, 2026 | $0.708 | 6.01% |
| Jan 12, 2026 | $0.69 | 6.86% |
| Oct 10, 2025 | $0.69 | 6.83% |
| Jul 10, 2025 | $0.678 | 6.45% |
| Apr 10, 2025 | $0.678 | 6.29% |
| Jan 10, 2025 | $0.678 | 7.1% |
| Oct 10, 2024 | $0.678 | 6.22% |
| Jul 10, 2024 | $0.665 | 6.48% |
| Apr 9, 2024 | $0.665 | 6.48% |
| Jan 9, 2024 | $0.665 | 6.75% |
| Oct 6, 2023 | $0.665 | 8.5% |
| Jul 7, 2023 | $0.653 | 7.27% |
| Apr 6, 2023 | $0.653 | 6.58% |
| Jan 9, 2023 | $0.653 | 6.25% |
| Oct 6, 2022 | $0.653 | 6.8% |
| Jul 7, 2022 | $0.64 | 5.05% |
| Apr 7, 2022 | $0.64 | 4.84% |
| Jan 7, 2022 | $0.64 | 4.67% |
| Oct 7, 2021 | $0.64 | 4.68% |
| Jul 8, 2021 | $0.628 | 4.51% |
| Apr 8, 2021 | $0.628 | 4.34% |
| Jan 7, 2021 | $0.628 | 4.25% |
| Oct 8, 2020 | $0.628 | 4.18% |
| Jul 9, 2020 | $0.615 | 4.56% |
| Apr 9, 2020 | $0.615 | 4.26% |
| Jan 9, 2020 | $0.615 | 4.14% |
| Oct 9, 2019 | $0.615 | 4.09% |
| Jul 9, 2019 | $0.603 | 4.27% |
| Apr 9, 2019 | $0.603 | 4.11% |
| Jan 9, 2019 | $0.603 | 4.18% |
| Oct 9, 2018 | $0.603 | 4.31% |
| Jul 9, 2018 | $0.59 | 4.65% |
| Apr 9, 2018 | $0.59 | 5% |
| Jan 9, 2018 | $0.59 | 4.52% |
| Oct 6, 2017 | $0.59 | 4.76% |
| Jul 6, 2017 | $0.578 | 5.31% |
| Apr 6, 2017 | $0.578 | 4.74% |
| Jan 6, 2017 | $0.578 | 4.29% |
| Oct 5, 2016 | $0.578 | 4.52% |
| Jul 6, 2016 | $0.565 | 4.02% |
| Apr 6, 2016 | $0.565 | 4.19% |
| Jan 6, 2016 | $0.565 | 4.9% |
| Oct 7, 2015 | $0.565 | 5.05% |
| Jul 8, 2015 | $0.55 | 4.72% |
| Apr 8, 2015 | $0.55 | 4.44% |
| Jan 7, 2015 | $0.55 | 4.68% |
Verizon Communications dividend payout ratio
Payout ratio
Verizon Communications's payout ratio of 67.4% is above the Communication Services sector, the industry and its peers average. Compared to its Communication Services sector average of 47%, Verizon Communications's payout ratio is 43% higher.
Total amount of dividends paid per financial year (from cash flow)
VZ dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SPOK Spok Holdings Inc | 11.47% | $1.25 | 201.6% |
| VZ Verizon Communications Inc | 5.75% | $2.77 | 67.4% |
| T At&T Inc | 4.71% | $1.11 | 37.2% |
| TMUS T-Mobile US Inc | 2.08% | $3.94 | 41.7% |
| SHEN Shenandoah Telecommunications Co | 0.67% | $0.11 | N/A |
| TDS Telephone & Data Systems Inc | 0.4% | $0.16 | 29.1% |
| AAPL Apple Inc | 0.36% | $1.05 | 12.7% |
| GOOGL Alphabet Inc | 0.24% | $0.85 | 6.4% |
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 1991.
When was VZ's last dividend?
Verizon Communications's last regular dividend was on Apr 10, 2026 (ex-date) with the amount of $0.708 per share.
How much dividend does Verizon Communications pay (per share)?
On an annual basis VZ pays $2.77 per share.
What is Verizon Communications's dividend yield?
Verizon Communications's current dividend yield is 5.75%.
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 67.4%.
Does Verizon Communications pay a good dividend?
Verizon Communications's dividend yield is more than the Communication Services sector average.
Special dividends are included in TTM DPS and yield.