VZ Dividend History - Verizon Communications

Track the latest VZ dividend history! 8.39% Dividend Yield, 1.60% Annual Growth - Explore VZ's complete dividend history

Yield 12m 8.39%
Cash Amount 12m 3.35
Dividend Growth 5y avg 1.60%
Dividend Rating 78.58%
Yield on Cost 5y 7.19%
Payout Ratio current 58.8%
Payout Frequency 12m 4
Payout Consistency 97.7%
Total Return 12m: 13.48%
#15 in Group
Total Return 5y: -14.24%
#28 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Integrated Telecommunication Services
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
VZ 168,259m 8.39% 7.19%
BCE 21,679m 12.0% 9.16%
KT 8,993m 7.81% 14.6%
PROX 1,962m 24.1% 8.19%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
VZ 168,259m 1.60% 78.6%
T 21,377m 329% 74.1%
TKA 5,279m 8.79% 70.9%
OPL 2,506m 67.3% 68.4%

VZ Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2025-01-10 2025-01-10 2025-02-03 Quarterly 0.6775 -0.1%
2024-10-10 2024-10-10 2024-11-01 Quarterly 0.678 2% 1.56%
2024-07-10 2024-07-10 2024-08-01 Quarterly 0.665 1.63%
2024-04-09 2024-04-10 2024-05-01 Quarterly 0.665 1.62%
2024-01-09 2024-01-10 2024-02-01 Quarterly 0.665 1.69%
2023-10-06 2023-10-10 2023-11-01 Quarterly 0.665 1.8% 2.15%
2023-07-07 2023-07-10 2023-08-01 Quarterly 0.653 1.8%
2023-04-06 2023-04-10 2023-05-01 Quarterly 0.653 1.65%
2023-01-09 2023-01-10 2023-02-01 Quarterly 0.653 1.58%
2022-10-06 2022-10-07 2022-11-01 Quarterly 0.653 2% 1.65%
2022-07-07 2022-07-08 2022-08-01 Quarterly 0.64 1.26%
2022-04-07 2022-04-08 2022-05-02 Quarterly 0.64 1.22%
2022-01-07 2022-01-10 2022-02-01 Quarterly 0.64 1.2%
2021-10-07 2021-10-08 2021-11-01 Quarterly 0.64 1.9% 1.18%
2021-07-08 2021-07-09 2021-08-02 Quarterly 0.628 1.13%
2021-04-08 2021-04-09 2021-05-03 Quarterly 0.628 1.08%
2021-01-07 2021-01-08 2021-02-01 Quarterly 0.628 1.08%
2020-10-08 2020-10-09 2020-11-02 Quarterly 0.628 2.1% 1.06%
2020-07-09 2020-07-10 2020-08-03 Quarterly 0.615 1.13%
2020-04-09 2020-04-13 2020-05-01 Quarterly 0.615 1.08%
2020-01-09 2020-01-10 2020-02-03 Quarterly 0.615 1.04%
2019-10-09 2019-10-10 2019-11-01 Quarterly 0.615 2%
2019-07-09 2019-07-10 2019-08-01 Quarterly 0.603
2019-04-09 2019-04-10 2019-05-01 Quarterly 0.603
2019-01-09 2019-01-10 2019-02-01 Quarterly 0.603
2018-10-09 2018-10-10 2018-11-01 Quarterly 0.603 2.2%
2018-07-09 2018-07-10 2018-08-01 Quarterly 0.59
2018-04-09 2018-04-10 2018-05-01 Quarterly 0.59
2018-01-09 2018-01-10 2018-02-01 Quarterly 0.59
2017-10-06 2017-10-10 2017-11-01 Quarterly 0.59 2.1%
2017-07-06 2017-07-10 2017-08-01 Quarterly 0.578
2017-04-06 2017-04-10 2017-05-01 Quarterly 0.578
2017-01-06 2017-01-10 2017-02-01 Quarterly 0.578
2016-10-05 2016-10-07 2016-11-01 Quarterly 0.578 2.3%
2016-07-06 2016-07-08 2016-08-01 Quarterly 0.565
2016-04-06 2016-04-08 2016-05-02 Quarterly 0.565
2016-01-06 2016-01-08 2016-02-01 Quarterly 0.565
2015-10-07 2015-10-09 2015-11-02 Quarterly 0.565 2.7%
2015-07-08 2015-07-10 2015-08-03 Quarterly 0.55
2015-04-08 2015-04-10 2015-05-01 Quarterly 0.55

VZ Dividend History - FAQ

What is the Dividend Yield of VZ?

As of December 2024 VZ`s Dividend Yield is 8.39%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 3.35 USD by the current stock price of 39.93.

What is the long-term Dividend Growth Rate of VZ?

In the last 5 Years the Average Dividend Growth Rate was 1.60% per year. This shows that the dividend payments have been growing over time. It is a moderate sign, as it indicates that the dividend payments have been growing slower than the inflation rate.

How often does VZ pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) VZ paid 4 times a dividend.

What is the Yield on Cost of VZ?

The 5 Year Yield-On-Cost is 7.19%. That's the effective dividend income you'd receive today if you purchased Verizon Communications five years ago. It is calculated by the Rate of the last 12 Months (3.35) divided by the price 5 years ago (46.60).

What is the Payout Consistency of VZ?

VZ has a Payout Consistency of 97.7%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of VZ?

The Overall Dividend Rating of 78.58 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does VZ have a good Dividend Yield?

VZ`s 8.39% Dividend Yield is considered as: high.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for VZ?

The next Dividend Date for VZ is 2025-01-10.

What is the Dividend Payout Ratio of VZ?

The Dividend Payout Ratio of VZ is 58.8%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: VZ Outstanding Shares

What is the Trend of VZ`s Outstanding Shares?

The Outstanding Shares of Verizon Communications are growing at a rate of 0.39% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 100.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Verizon Communications ever had a Stock Split?

Yes, last Stock Split was on 2010-07-02 with a factor of 1000000:93. This stock split increased the number of shares and lowered the price per share by a ratio of 10752.69.
Year Number of Shares (Mill.) Growth Rate
1985 799200000
1986 795884000 -0.41%
1987 792704000 -0.4%
1988 787200000 -0.69%
1989 789555600 +0.3%
1990 768695700 -2.64%
1991 779347800 +1.39%
1992 862916700 +10.72%
1993 864888900 +0.23%
1994 863541700 -0.16%
1995 1069318200 +23.83%
1996 875524000 -18.12%
1997 1567368400 +79.02%
1998 1582000000 +0.93%
1999 1575000000 -0.44%
2000 2725000000 +73.02%
2001 2732000000 +0.26%
2002 2780000000 +1.76%
2003 2804000000 +0.86%
2004 2821000000 +0.61%
2005 2963000000 +5.03%
2006 2911000000 -1.75%
2007 2865000000 -1.58%
2008 2841000000 -0.84%
2009 2841000000
2010 2831000000 -0.35%
2011 2835000000 +0.14%
2012 2862000000 +0.95%
2013 2875000000 +0.45%
2014 4157000000 +44.59%
2015 4083000000 -1.78%
2016 4087000000 +0.1%
2017 4090000000 +0.07%
2018 4141000000 +1.25%
2019 4141000000
2020 4143000000 +0.05%
2021 4169000000 +0.63%
2022 4207000000 +0.91%
2023 4214000000 +0.17%
2024 4225000000 +0.26%