Verizon Communications Inc.

NYSE:VZ Stock Report

Market Cap: US$168.1b

Verizon Communications Dividends and Buybacks

Dividend criteria checks 5/6

Verizon Communications is a dividend paying company with a current yield of 6.79%. Next payment date is on 3rd February, 2025 with an ex-dividend date of 10th January, 2025.

Key information

6.8%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield7.0%
Dividend Growth4.3%
Next dividend pay date03 Feb 25
Ex dividend date10 Jan 25
Dividend per shareUS$2.710
Payout ratio115%

Recent dividend and buyback updates

Verizon Communications' (NYSE:VZ) Upcoming Dividend Will Be Larger Than Last Year's

Sep 30
Verizon Communications' (NYSE:VZ) Upcoming Dividend Will Be Larger Than Last Year's

Verizon Communications (NYSE:VZ) Will Pay A Larger Dividend Than Last Year At $0.6775

Sep 09
Verizon Communications (NYSE:VZ) Will Pay A Larger Dividend Than Last Year At $0.6775

Recent updates

Verizon: Narrow Margin Of Safety Per Graham P/E And Number

Dec 11

Verizon Has Ominous Clouds On The Horizon (Technical Analysis)

Dec 03

Verizon: Deeply Undervalued Dividend Delight

Nov 26

Is Verizon Communications (NYSE:VZ) A Risky Investment?

Nov 19
Is Verizon Communications (NYSE:VZ) A Risky Investment?

Verizon Communications' (NYSE:VZ) Conservative Accounting Might Explain Soft Earnings

Nov 01
Verizon Communications' (NYSE:VZ) Conservative Accounting Might Explain Soft Earnings

Verizon Q3: Buy The Drop

Oct 24

Verizon Q3 Preview: You Want Total Shareholder Yield, Not Dividend Yield

Oct 17

Verizon's Huge Day

Oct 11

Verizon Communications' (NYSE:VZ) Upcoming Dividend Will Be Larger Than Last Year's

Sep 30
Verizon Communications' (NYSE:VZ) Upcoming Dividend Will Be Larger Than Last Year's

Verizon Remains An Overlooked Once-In-A-Lifetime Opportunity

Sep 23

Verizon: Frontier Deal May Limit Upside (Rating Downgrade)

Sep 16

Verizon Communications (NYSE:VZ) Will Pay A Larger Dividend Than Last Year At $0.6775

Sep 09
Verizon Communications (NYSE:VZ) Will Pay A Larger Dividend Than Last Year At $0.6775

Verizon: 3 Reasons To Buy And 2 Reasons To Sell This 6.4% Yielding Blue Chip

Sep 05

Returns On Capital At Verizon Communications (NYSE:VZ) Paint A Concerning Picture

Sep 04
Returns On Capital At Verizon Communications (NYSE:VZ) Paint A Concerning Picture

It Is Worth Owning Verizon For Its Dividends

Aug 19

Buy 6.6% Yielding Verizon Before The Fed Cuts Rates

Aug 09

Verizon: Buy The Market's Over Reaction, Yields Even Richer Here

Jul 27

Analysts Are Updating Their Verizon Communications Inc. (NYSE:VZ) Estimates After Its Second-Quarter Results

Jul 24
Analysts Are Updating Their Verizon Communications Inc. (NYSE:VZ) Estimates After Its Second-Quarter Results

Verizon Communications: An Upgrade Is Warranted

Jul 21

Verizon Stock Is Still A Great Value Buy Right Now

Jul 10

Verizon Communications: A Gift Hiding In Plain Sight

Jul 01

Verizon: You Haven't Seen Anything Yet

Jun 17

Upcoming Dividend Payment

TodayDec 23 2024Ex Dividend DateJan 10 2025Dividend Pay DateFeb 03 202524 days from Ex DividendBuy in the next 17 days to receive the upcoming dividend

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
How does VZ dividend yield compare to the market?
SegmentDividend Yield
Company (VZ)6.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Telecom)6.8%
Analyst forecast (VZ) (up to 3 years)7.0%

Notable Dividend: VZ's dividend (6.79%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: VZ's dividend (6.79%) is in the top 25% of dividend payers in the US market (4.5%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (115%), VZ's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (82.5%), VZ's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:16
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Verizon Communications Inc. is covered by 76 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Joseph BonnerArgus Research Company
Christopher WattsAtlantic Equities LLP