Verizon Communications Dividend
Dividend criteria checks 4/6
Verizon Communications is a dividend paying company with a current yield of 6.48%.
Key information
6.5%
Dividend yield
99%
Payout ratio
Industry average yield | 7.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$2.69 |
Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VZ's dividends per share have been stable in the past 10 years.
Growing Dividend: VZ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Verizon Communications Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (VZ) | 6.5% |
Market Bottom 25% (CA) | 1.8% |
Market Top 25% (CA) | 6.5% |
Industry Average (Telecom) | 7.7% |
Analyst forecast in 3 Years (VZ) | 6.8% |
Notable Dividend: VZ's dividend (6.48%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).
High Dividend: VZ's dividend (6.48%) is low compared to the top 25% of dividend payers in the Canadian market (6.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.6%), VZ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.3%), VZ's dividend payments are covered by cash flows.