Back to Dividend Stocks
Verizon Communications Inc. (VZ) logo

Verizon Communications Inc.

S&P 500

VZ/Communication Services · Telecom Services/NYSE

Dividend Yield

6.10%

$2.77 · Annual Dividend

Stock Price$46.07P/E11.1MCap189.4BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

67/ 100Safe

VZ's dividend appears safe and well-supported. Strengths include a 67.4% earnings payout ratio & 58.1% 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

Balance Sheet

Warning
0.6xDanger
192.0Caution

Profitability

Very Safe
25.2%Very Safe
60.3%Very Safe

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe

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

6.10%

Annual Dividend

$2.77

Frequency

Quarterly

Payout Ratio

67.44%

FCF Payout Ratio

58.08%

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

Next Ex-Dividend Date

July 10, 2026

Next Payment Date

August 3, 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

Total Investment

$4,607.00

Annual Income

$276.60

Quarterly Income

$69.15

Monthly Income

$23.05

Similar Dividend Stocks

StockYield5Y CAGRPrice
Verizon Communications Inc. (VZ) logo
VZ
6.10%1.95%$46.07
Charter Communications Inc. (CHTR) logo
CHTR
0.00%N/A$129.65
Comcast Corp (CMCSA) logo
CMCSA
5.92%7.63%$22.69
The Walt Disney Company (DIS) logo
DIS
0.73%N/A$98.05
AT&T Inc. (T) logo
T
5.03%-6.69%$22.42
T-Mobile US, Inc. (TMUS) logo
TMUS
2.27%N/A$181.57

Frequently Asked Questions

What is VZ's current dividend yield?
Verizon Communications Inc. (VZ) currently has a dividend yield of 6.10%, based on a stock price of $46.07 and an annual dividend of $2.77.
When is VZ's next dividend payment date?
VZ's next ex-dividend date is 2026-07-10 and the next payment date is 2026-08-03. 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 58.08%. 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

What will VZ actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

Download the App

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.