Verizon Communications Dividends and Buybacks
Dividend criteria checks 5/6
Verizon Communications is a dividend paying company with a current yield of 8.32% that is well covered by earnings. Last payment was on 1st November, 2023 with an ex-dividend date of 6th October, 2023.
Key information
8.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.5% |
| Dividend Growth | 3.8% |
| Next dividend pay date | 01 Nov 23 |
| Ex dividend date | 06 Oct 23 |
| Dividend per share | n/a |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VERIZ's dividends per share have been stable in the past 10 years.
Growing Dividend: VERIZ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Verizon Communications Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VERIZ) | 8.3% |
| Market Bottom 25% (BE) | 2.7% |
| Market Top 25% (BE) | 7.5% |
| Industry Average (Telecom) | 4.1% |
| Analyst forecast (VERIZ) (up to 3 years) | 8.5% |
Notable Dividend: VERIZ's dividend (8.32%) is higher than the bottom 25% of dividend payers in the Belgian market (2.02%).
High Dividend: VERIZ's dividend (8.32%) is in the top 25% of dividend payers in the Belgian market (7.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), VERIZ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (90.4%), VERIZ's dividend payments are not well covered by cash flows.