Verizon Communications Inc.

VZ|Communication Services|Telecom Services|$47.22|P/E 11.5|MCap 197.2B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

Safe

VZ's dividend appears safe and well-supported. Strengths include a 67.4% earnings payout ratio & 58.4% fcf payout ratio. Areas of concern: 0.6x current ratio & 1.9% 5-year dividend cagr.

Based on 15 of 15 metrics

Strengths

Operating Margin: 25.2%Healthy operating margin provides a wide buffer.
Gross Margin: 60.3%High gross margin signals strong pricing power.
Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

Current Ratio: 0.6xLimited short-term liquidity to meet obligations.
5-Year Dividend CAGR: 1.9%Dividend growth has been weak or negative.

Payout & Coverage

Safe

Earnings Payout Ratio

67.4%Safe

FCF Payout Ratio

58.4%Safe

CFO Payout Ratio

32.7%Safe

Interest Coverage

4.4xCaution

Balance Sheet

Warning

Net Debt / Total Assets

40.2%Caution

Current Ratio

0.6xDanger

Debt-to-Equity

192.0Caution

Profitability

Very Safe

Return on Equity

17.2%Safe

Operating Margin

25.2%Very Safe

Gross Margin

60.3%Very Safe

Profit Margin Stability

StableSafe

Dividend Track Record

Safe

11+ yrsVery Safe

NoneVery Safe

1.9%Warning

StableSafe

About Verizon Communications Inc.

Verizon Communications Inc. is a holding company that provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. Operating primarily through its Wireless and Wireline segments, it delivers wireless voice and data services, equipment sales, broadband video, data center and cloud solutions, security, managed network services, and local and long-distance voice offerings across the United States. Founded in 1983 and headquartered in New York, the company leads the wireless telecommunications industry with award-winning networks emphasizing mobility, reliable connectivity, and control. It has integrated media assets like Yahoo and AOL into a subsidiary, enhancing its portfolio with brands such as HuffPost, Yahoo Sports, Tumblr, and Yahoo Finance. With a market capitalization around 165-196 billion USD, a notable dividend yield exceeding 6-7%, and a low beta of 0.31 indicating stability, Verizon Communications Inc. plays a pivotal role in the communications sector, supporting essential connectivity and digital services for diverse markets.

Dividend Overview

Dividend Yield

5.86%

Annual Dividend

$2.77

Frequency

Quarterly

Payout Ratio

67.44%

FCF Payout Ratio

58.35%

Stock Price

$47.22

52-Week Range

$10.60 – $51.68

Dividend History (2016–2025)

VZ annual dividend per share and yield history

Earnings & Profitability

VZ earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 10, 2026

Last Payment Date

May 1, 2026

Dividend Growth

3-Year Dividend CAGR

1.91%

5-Year Dividend CAGR

1.95%

10-Year Dividend CAGR

2.09%

3-Year Total Growth

5.85%

5-Year Total Growth

10.13%

10-Year Total Growth

22.93%

Income Calculator

VZ Dividend Calculator

Number of Shares

Total Investment

$4,722.00

Annual Income

$276.60

Quarterly Income

$69.15

Monthly Income

$23.05

Similar Dividend Stocks

Stock	Yield	5Y CAGR	Price	Sector
VZ	5.86%	1.95%	$47.22	Communication Services
CHTRCharter Communications Inc.	0.00%	N/A	$154.86	Communication Services
CMCSAComcast Corp	5.20%	7.63%	$25.40	Communication Services
DISThe Walt Disney Company	0.69%	N/A	$108.02	Communication Services
TAT&T Inc.	4.42%	-6.69%	$25.16	Communication Services
TMUST-Mobile US, Inc.	2.04%	N/A	$193.63	Communication Services

Frequently Asked Questions

What is VZ's current dividend yield?

Verizon Communications Inc. (VZ) currently has a dividend yield of 5.86%, based on a stock price of $47.22 and an annual dividend of $2.77.

When is VZ's next dividend payment date?

VZ's next ex-dividend date is 2026-04-10 and the next payment date is 2026-05-01. You must own the stock before the ex-dividend date to receive the upcoming payment.

How much does VZ pay in dividends per year?

Verizon Communications Inc. paid $2.72 per share in annual dividends in 2025. The dividends are paid quarterly.

Has VZ been increasing its dividend?

Verizon Communications Inc. has grown its dividend at a 5-year CAGR of 1.95% and a 10-year CAGR of 2.09%.

Is VZ's dividend safe?

Verizon Communications Inc. has a payout ratio of 67.44%. Its free cash flow payout ratio is 58.35%. The payout ratio is moderate. Monitor earnings to ensure sustainability.

How is VZ's Dividend Safety Rating calculated?

The Dividend Safety Rating evaluates Verizon Communications Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for communication services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track VZ Dividends with OnlyDividends

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.