VZ Dividend History & Analysis | 6.7% Yield

VZ has a dividend yield of 6.7% and paid 3.44 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 6.65%
Payout Ratio 58.7%
Growth Rate CAGR 5y 1.92%
Consistency Lifetime 97.8%
Yield on Cost 5y 7.95%
Payout FCF 58.0%
Streak Years 24
Dividend Rating 73.57%
Ex-Dividend in 12 days: Buy before Apr 10, 2026 to receive the next dividend.

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 19.6%
Total Return 5y: 16.2%

Top Dividend Payers in Integrated Telecommunication Services

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
FNTN 3,582 M 5.85% 27.8%
ORA 44,048 M 5.67% 15.9%
TEF 23,189 M 6.18% 13.8%
KPN 20,590 M 4.38% 12.2%
DTE 176,873 M 2.84% 13.1%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
UTDI 5,483 M 39.6% 81.6%
IDT 1,291 M 20.0% 42.4%
ATNI 429 M 11.9% 80.7%
DTE 176,873 M 10.7% 78.0%
FNTN 3,582 M 4.53% 76.9%

VZ Dividend History: Last 50 Payments (USD) as of March 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-04-10 2026-04-10 2026-05-01 Quarterly 0.7075 2.5% N/A
2026-01-12 2026-01-12 2026-02-02 Quarterly 0.69 0% 1.73%
2025-10-10 2025-10-10 2025-11-03 Quarterly 0.69 1.8% 1.71%
2025-07-10 2025-07-10 2025-08-01 Quarterly 0.678 0% 1.62%
2025-04-10 2025-04-10 2025-05-01 Quarterly 0.678 0% 1.6%
2025-01-10 2025-01-10 2025-02-03 Quarterly 0.678 0% 1.78%
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 0% 1.63%
2024-04-09 2024-04-10 2024-05-01 Quarterly 0.665 0% 1.62%
2024-01-09 2024-01-10 2024-02-01 Quarterly 0.665 0% 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 0% 1.8%
2023-04-06 2023-04-10 2023-05-01 Quarterly 0.653 0% 1.65%
2023-01-09 2023-01-10 2023-02-01 Quarterly 0.653 0% 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 0% 1.26%
2022-04-07 2022-04-08 2022-05-02 Quarterly 0.64 0% 1.22%
2022-01-07 2022-01-10 2022-02-01 Quarterly 0.64 0% 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 0% 1.13%
2021-04-08 2021-04-09 2021-05-03 Quarterly 0.628 0% 1.08%
2021-01-07 2021-01-08 2021-02-01 Quarterly 0.628 0% N/A
2020-10-08 2020-10-09 2020-11-02 Quarterly 0.628 2.1% N/A
2020-07-09 2020-07-10 2020-08-03 Quarterly 0.615 0% N/A
2020-04-09 2020-04-13 2020-05-01 Quarterly 0.615 0% N/A
2020-01-09 2020-01-10 2020-02-03 Quarterly 0.615 0% N/A
2019-10-09 2019-10-10 2019-11-01 Quarterly 0.615 2% N/A
2019-07-09 2019-07-10 2019-08-01 Quarterly 0.603 0% N/A
2019-04-09 2019-04-10 2019-05-01 Quarterly 0.603 0% N/A
2019-01-09 2019-01-10 2019-02-01 Quarterly 0.603 0% N/A
2018-10-09 2018-10-10 2018-11-01 Quarterly 0.603 2.2% N/A
2018-07-09 2018-07-10 2018-08-01 Quarterly 0.59 0% N/A
2018-04-09 2018-04-10 2018-05-01 Quarterly 0.59 0% N/A
2018-01-09 2018-01-10 2018-02-01 Quarterly 0.59 0% N/A
2017-10-06 2017-10-10 2017-11-01 Quarterly 0.59 2.1% N/A
2017-07-06 2017-07-10 2017-08-01 Quarterly 0.578 0% N/A
2017-04-06 2017-04-10 2017-05-01 Quarterly 0.578 0% N/A
2017-01-06 2017-01-10 2017-02-01 Quarterly 0.578 0% N/A
2016-10-05 2016-10-07 2016-11-01 Quarterly 0.578 2.3% N/A
2016-07-06 2016-07-08 2016-08-01 Quarterly 0.565 0% N/A
2016-04-06 2016-04-08 2016-05-02 Quarterly 0.565 0% N/A
2016-01-06 2016-01-08 2016-02-01 Quarterly 0.565 0% N/A
2015-10-07 2015-10-09 2015-11-02 Quarterly 0.565 2.7% N/A
2015-07-08 2015-07-10 2015-08-03 Quarterly 0.55 0% N/A
2015-04-08 2015-04-10 2015-05-01 Quarterly 0.55 0% N/A
2015-01-07 2015-01-09 2015-02-02 Quarterly 0.55 0% N/A
2014-10-08 2014-10-10 2014-11-03 Quarterly 0.55 3.8% N/A
2014-07-08 2014-07-10 2014-08-01 Quarterly 0.53 0% N/A
2014-04-08 2014-04-10 2014-05-01 Quarterly 0.53 0% N/A
2014-01-08 2014-01-10 2014-02-03 Quarterly 0.53 0% N/A

VZ Dividend FAQ

Verizon Communications Inc. provides communications, technology, information, and streaming services globally. The company operates through two segments: Consumer and Business. This structure is common in the telecommunications sector, which often separates offerings for individual users from those for corporate and governmental clients.

What is the Dividend Yield of VZ?

As of March 2026, VZ`s dividend yield is 6.65%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.44 USD by the current share price of 50.31.

Does VZ pay a dividend?

As of March 2026, VZ paid a dividend of 3.44 USD in the last 12 months. The last dividend was paid on 2026-04-10 and the payout was 0.7075 USD.

How often does VZ pay dividends?

VZ pays dividends quarterly. Over the last 12 months, VZ has issued 5 dividend payments. The last dividend payment was made on 2026-04-10.

VZ dividend forecast

Based on historical data, the forecasted dividends per share for VZ for the next payments are between 0.711 (+0.5%) and 0.741 (+4.7%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 5.80%.

Will VZ pay dividends in 2026?

The latest dividend paid per share was 0.7075 USD with an Ex-Dividend Date of 2026-04-10. The next Ex-Dividend date for Verizon Communications (VZ) is 2026-04-10.

What is the next Ex-Dividend Date for VZ?

The next Ex-Dividend date for Verizon Communications (VZ) is 2026-04-10.

What is the Dividend Growth of VZ?

VZ's average dividend growth rate over the past 5 years is 1.92% per year.
Weak growth: VZ's Dividend growth is lower than inflation.

What is the Yield on Cost of VZ?

VZ's 5-Year Yield on Cost is 7.95%. If you bought VZ's shares at 43.29 USD five years ago, your current annual dividend income (3.44 USD per share, trailing 12 months) equals 7.95% of your original purchase price.

What is the Payout Consistency of VZ?

VZ Payout Consistency is 97.8%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Verizon Communications has a strong track record of consistent dividend payments over its lifetime.

Does VZ have a good Dividend Yield?

VZ`s 6.65% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of VZ?

The Dividend Payout Ratio of VZ is 58.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of VZ?

VZ`s Overall Dividend Rating is 73.57%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

VZ Outstanding Shares Analysis

What is the Trend in VZ's Outstanding Shares?

Verizon Communications's outstanding shares have increased by approximately 0.19% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has VZ ever had a Stock Split?

Yes, the last stock split was on Jul 2, 2010 with a ratio of 1000000:937889.

This was a forward split: Each share became 1.07 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 799,200,000
1986 795,884,000 -0.41%
1987 792,704,000 -0.4%
1988 787,200,000 -0.69%
1989 789,555,600 +0.3%
1990 768,695,700 -2.64%
1991 779,347,800 +1.39%
1992 862,916,700 +10.72%
1993 864,888,900 +0.23%
1994 863,541,700 -0.16%
1995 1,069,318,200 +23.83%
1996 875,524,000 -18.12%
1997 1,567,368,400 +79.02%
1998 1,582,000,000 +0.93%
1999 2,766,500,000 +74.87%
2000 2,725,000,000 -1.5%
2001 2,732,000,000 +0.26%
2002 2,780,000,000 +1.76%
2003 2,804,000,000 +0.86%
2004 2,821,000,000 +0.61%
2005 2,963,000,000 +5.03%
2006 2,911,000,000 -1.75%
2007 2,865,000,000 -1.58%
2008 2,841,000,000 -0.84%
2009 2,841,000,000
2010 2,831,000,000 -0.35%
2011 2,835,000,000 +0.14%
2012 2,862,000,000 +0.95%
2013 2,875,000,000 +0.45%
2014 4,157,000,000 +44.59%
2015 4,083,000,000 -1.78%
2016 4,087,000,000 +0.1%
2017 4,090,000,000 +0.07%
2018 4,141,000,000 +1.25%
2019 4,141,000,000
2020 4,143,000,000 +0.05%
2021 4,169,000,000 +0.63%
2022 4,207,000,000 +0.91%
2023 4,214,000,000 +0.17%
2024 4,221,500,000 +0.18%
2025 4,230,000,000 +0.2%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-19 03:16