Verizon Communications's last quarterly dividend of $0.653 per share was on Jan 9, 2023 (ex-date). The annualized dividend payment of $2.59 per share represents a current dividend yield of 6.91%.
Verizon Communications's dividend yield of 6.91% is higher than the Communication Services sector, the industry and its peers average. If we compare it with the Communication Services sector average of 3.1%, Verizon Communications's dividend yield is 123% higher. The historical 5-year average of VZ's dividend yield is 4.7%, which is less than the current one.
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. And with the stock price down by 26% from a year ago, the dividend yield has grown by 38%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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's payout ratio of 51.1% is above the Communication Services sector average. Compared to its Communication Services sector average of 40.4%, Verizon Communications's payout ratio is 26% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SPOK Spok Holdings Inc | 12.78% | $1.25 | 112.7% |
TDS Telephone & Data Systems Inc | 7.03% | $0.72 | N/A |
VZ Verizon Communications Inc | 6.91% | $2.59 | 51.1% |
T At&T Inc | 6.01% | $1.11 | N/A |
AAPL Apple Inc | 0.58% | $0.92 | 15.5% |
SHEN Shenandoah Telecommunications Co | 0.41% | $0.08 | N/A |
Yes, Verizon Communications has paid four dividends in the last 12 months. VZ has been paying dividends since 1994.
VZ has announced its next dividend with ex-date Apr 6, 2023.
Verizon Communications's last regular dividend was on Jan 9, 2023 (ex-date) with the amount of $0.653 per share.
On an annual basis VZ pays $2.59 per share.
Verizon Communications's current dividend yield is 6.91%.
Verizon Communications has a quarterly dividend frequency.
The dividend payout ratio of Verizon Communications is 51.1%.
Verizon Communications's dividend yield is more than the Communication Services sector average.