Verizon Communications Dividend
Dividend criteria checks 5/6
Verizon Communications is a dividend paying company with a current yield of 6.45%. Next payment date is on 1st August, 2024 with an ex-dividend date of 10th July, 2024.
Key information
6.5%
Dividend yield
99%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | 01 Aug 24 |
| Ex dividend date | 10 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.69 |
| Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
Verizon Communications: A Gift Hiding In Plain Sight
Jul 01Verizon: You Haven't Seen Anything Yet
Jun 17Verizon: Still Looks Undervalued, Yielding 6.69%
May 29Market Still Lacking Some Conviction On Verizon Communications Inc. (NYSE:VZ)
May 24
Verizon's Share Price Collapse Remains A Once-In-A-Lifetime Opportunity
May 10We Think Shareholders May Want To Consider A Review Of Verizon Communications Inc.'s (NYSE:VZ) CEO Compensation Package
May 03Crushed From $60 To $40, Is It Time To Buy 6.6% Yielding Verizon?
Apr 30Analysts Are Updating Their Verizon Communications Inc. (NYSE:VZ) Estimates After Its First-Quarter Results
Apr 25Verizon Invokes The AI Warhead
Apr 22Is Verizon A Buy After The +28% Rally?
Apr 14Verizon: A High Margin Of Safety Investment With A 6.3% Yield
Apr 05Dial Up Your Income To 6.6%: Verizon
Mar 25Verizon: It's Just The Beginning
Mar 16Verizon: Deleveraging Is The Key
Mar 08Upcoming Dividend Payment
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% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Telecom) | 6.1% |
| Analyst forecast in 3 Years (VZ) | 6.7% |
Notable Dividend: VZ's dividend (6.45%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: VZ's dividend (6.45%) is in the top 25% of dividend payers in the US market (4.7%)
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.