Verizon Communications's last quarterly dividend of $0.665 per share was on Jul 10, 2024 (ex-date). The annualized dividend payment of $2.66 per share represents a current dividend yield of 6.66%.
Verizon Communications's dividend yield of 6.66% is higher than the Communication Services sector, the industry and its peers average. If we compare it with the Communication Services sector average of 3.4%, Verizon Communications's dividend yield is 96% higher. The historical 5-year average of VZ's dividend yield is 5.4%, 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. But with the stock price up by 17% from a year ago, the dividend yield marks a decrease of 13%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Jul 10, 2024 | Aug 1, 2024 | Jun 5, 2024 | $0.665 | normal |
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's payout ratio of 99.3% is above the Communication Services sector, the industry and its peers average. Compared to its Communication Services sector average of 40.7%, Verizon Communications's payout ratio is 144% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SPOK Spok Holdings Inc | 8.1% | $1.25 | 148.8% |
VZ Verizon Communications Inc | 6.64% | $2.66 | 99.6% |
T At&T Inc | 5.84% | $1.11 | 63.8% |
TDS Telephone & Data Systems Inc | 2.86% | $0.6 | N/A |
AAPL Apple Inc | 0.44% | $0.97 | 15% |
SHEN Shenandoah Telecommunications Co | 0.43% | $0.09 | 2.1% |
Yes, Verizon Communications has paid four dividends in the last 12 months. VZ has been paying dividends since 1994.
VZ hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in October 2024.
Verizon Communications's last regular dividend was on Jul 10, 2024 (ex-date) with the amount of $0.665 per share.
On an annual basis VZ pays $2.66 per share.
Verizon Communications's current dividend yield is 6.66%.
Verizon Communications has a quarterly dividend frequency.
The dividend payout ratio of Verizon Communications is 99.3%.
Verizon Communications's dividend yield is more than the Communication Services sector average.