Verizon Communications Dividend
Dividend criteria checks 5/6
Verizon Communications is a dividend paying company with a current yield of 6.46%. Next payment date is on 1st November, 2024 with an ex-dividend date of 10th October, 2024.
Key information
6.5%
Dividend yield
100%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | 01 Nov 24 |
| Ex dividend date | 10 Oct 24 |
| Dividend per share | US$2.660 |
| Earnings per share | US$2.67 |
| Dividend yield forecast | 6.8% |
Recent dividend updates
Recent updates
Verizon Communications (NYSE:VZ) Will Pay A Larger Dividend Than Last Year At $0.6775
Sep 09
Verizon: 3 Reasons To Buy And 2 Reasons To Sell This 6.4% Yielding Blue Chip
Sep 05Returns On Capital At Verizon Communications (NYSE:VZ) Paint A Concerning Picture
Sep 04It Is Worth Owning Verizon For Its Dividends
Aug 19Buy 6.6% Yielding Verizon Before The Fed Cuts Rates
Aug 09Verizon: Buy The Market's Over Reaction, Yields Even Richer Here
Jul 27Analysts Are Updating Their Verizon Communications Inc. (NYSE:VZ) Estimates After Its Second-Quarter Results
Jul 24Verizon Communications: An Upgrade Is Warranted
Jul 21Verizon Stock Is Still A Great Value Buy Right Now
Jul 10Verizon 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 24Verizon's Share Price Collapse Remains A Once-In-A-Lifetime Opportunity
May 10Upcoming 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) | 4.4% |
| Industry Average (Telecom) | 5.8% |
| Analyst forecast (VZ) (up to 3 years) | 6.8% |
Notable Dividend: VZ's dividend (6.46%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: VZ's dividend (6.46%) is in the top 25% of dividend payers in the US market (4.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.6%), VZ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.4%), VZ's dividend payments are covered by cash flows.