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VZ Verizon Communications Inc Dividend

Verizon Communications's last quarterly dividend of $0.64 per share was on Jan 7, 2022 (ex-date). The annualized dividend payment of $2.54 per share represents a current dividend yield of 4.79%.

VZ next dividend date: Not announced

VZ
DPS
$2.54
Dividend yield
4.79%
Payout ratio
47.6%
Communication Services sector
Dividend yield
2.42%
Payout ratio
46%

Dividend yield

Verizon Communications's dividend yield of 4.79% is higher than the Communication Services sector and the industry average.

Dividend history

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 2% since one year ago. And with the stock price down by 8% from a year ago, the dividend yield has grown by 11%.

Recent dividends

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

Dividend payouts

Payout ratio

Verizon Communications's payout ratio of 47.6% is above the Communication Services sector average but below the industry average.

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