In this section of the page, you will find all the information you need to understand how Verizon Communications (VZ) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.

Upcoming Verizon Communications dividend
Change(%)
-8.72%
Decrease
Next payment 0.607$
Next payment date Mar 1, 2024
Last payment 0.665$
Last payment date Nov 1, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/6/24
Estimated

Verizon Communications will distribute 0,607 dollars per share in the form of a dividend on March 1, 2024.

The February 6, 2024 is the ex-dividend date. So if you wish to receive Verizon Communications dividends, you must buy one day before this date.

Verizon Communications distributed 0.665 dollars per share in the form of a dividend on November 1, 2023.

Verizon has been stable in recent dividends. Its payout ratio per dividend is approximately 51%.

It has 18 years of uninterrupted interest payments, with an average yield of 5.2% per dividend. The annual deposit of dividends is divided into four parts, at a rate of three months each, being credited on the first days of February, May, August and November.

Payout Ratio Verizon Communications Dividends

Verizon Communications paid 5% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Verizon Communications's earnings (134,095,003,648.00$) are sufficient to cover the dividend payment. This payment represents 5% of the total net profit of VZ.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Verizon Communications

This is the Dividend Calendar of Verizon Communications in 2023.

Event Day
Last trading date February 5, 2024
Ex-Dividend (Ex-Date) February 6, 2024
Record date February 29, 2024
Date of payment March 1, 2024
Dividends schedule Verizon Communications
Data pending official confirmation from the company Verizon Communications (VZ).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of Verizon Communications

Over the past 5 years, Verizon Communications has steadily increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Verizon Communications vs. the sector

Verizon Communications's dividend yield (6.99%) is above the sector average (5.25%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Verizon Communications's dividend yield is between the top 25% (7.71%) and top 75% (0.52%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Verizon Communications

In the last 5 years, Verizon Communications's annual dividend amount has not fallen more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Verizon Communications

In this table you can see the dividend history of Verizon Communications:

YearEx-DividendAmountTotal
2023
10/06/2023
07/07/2023
04/06/2023
01/09/2023
0.665 $
0.653 $
0.653 $
0.653 $
2.624 $
2022
10/06/2022
07/07/2022
04/07/2022
01/07/2022
0.653 $
0.64 $
0.64 $
0.64 $
2.573 $
2021
10/07/2021
07/08/2021
04/08/2021
01/07/2021
0.64 $
0.628 $
0.628 $
0.628 $
2.524 $
2020
10/08/2020
07/09/2020
04/09/2020
01/09/2020
0.628 $
0.615 $
0.615 $
0.615 $
2.473 $
2019
10/09/2019
07/09/2019
04/09/2019
01/09/2019
0.615 $
0.603 $
0.603 $
0.603 $
2.424 $
2018
10/09/2018
07/09/2018
04/09/2018
01/09/2018
0.603 $
0.59 $
0.59 $
0.59 $
2.373 $
2017
10/06/2017
07/06/2017
04/06/2017
01/06/2017
0.59 $
0.578 $
0.578 $
0.578 $
2.324 $
2016
10/05/2016
07/06/2016
04/06/2016
01/06/2016
0.578 $
0.565 $
0.565 $
0.565 $
2.273 $
2015
10/07/2015
07/08/2015
04/08/2015
01/07/2015
0.565 $
0.55 $
0.55 $
0.55 $
2.215 $
2014
10/08/2014
07/08/2014
04/08/2014
01/08/2014
0.55 $
0.53 $
0.53 $
0.53 $
2.14 $
2013
10/08/2013
07/08/2013
04/08/2013
01/08/2013
0.53 $
0.515 $
0.515 $
0.515 $
2.075 $
2012
10/05/2012
07/06/2012
04/05/2012
01/06/2012
0.515 $
0.5 $
0.5 $
0.5 $
2.015 $
2011
10/05/2011
07/06/2011
04/06/2011
01/06/2011
0.5 $
0.488 $
0.488 $
0.488 $
1.964 $
2010
10/06/2010
07/07/2010
04/07/2010
01/06/2010
0.488 $
0.475 $
0.445497 $
0.445497 $
1.853994 $
2009
10/07/2009
07/08/2009
04/07/2009
01/07/2009
0.445497 $
0.431429 $
0.431429 $
0.431429 $
1.739784 $
2008
10/08/2008
07/08/2008
04/08/2008
01/08/2008
0.431429 $
0.403292 $
0.403292 $
0.401425 $
1.639438 $
2007
10/05/2007
07/06/2007
04/05/2007
01/08/2007
0.401425 $
0.378086 $
0.378086 $
0.378086 $
1.535683 $
2006
10/05/2006
07/06/2006
04/06/2006
01/06/2006
0.364226 $
0.364226 $
0.364226 $
0.364226 $
1.456904 $
2005
10/05/2005
07/06/2005
04/06/2005
01/06/2005
0.364226 $
0.364226 $
0.364226 $
0.346239 $
1.438917 $
2004
10/06/2004
07/07/2004
04/06/2004
01/07/2004
0.346239 $
0.346239 $
0.346239 $
0.346239 $
1.384956 $
2003
10/08/2003
07/08/2003
04/08/2003
01/08/2003
0.346239 $
0.346239 $
0.346239 $
0.346239 $
1.384956 $
2002
10/08/2002
07/08/2002
04/08/2002
01/08/2002
0.346239 $
0.346239 $
0.346239 $
0.346239 $
1.384956 $
2001
10/05/2001
07/06/2001
04/06/2001
01/08/2001
0.346239 $
0.346239 $
0.346239 $
0.346239 $
1.384956 $
2000
10/05/2000
07/06/2000
07/03/2000
04/06/2000
01/06/2000
0.346239 $
0.042268 $
0.346239 $
0.346239 $
0.346239 $
1.427224 $
1999
10/06/1999
07/07/1999
04/07/1999
01/06/1999
0.346239 $
0.347139 $
0.346239 $
0.346239 $
1.385856 $
1998
10/07/1998
07/08/1998
04/07/1998
01/07/1998
0.346239 $
0.346239 $
0.346239 $
0.346239 $
1.384956 $
1997
10/08/1997
04/08/1997
01/08/1997
0.346239 $
0.332749 $
0.323756 $
1.002744 $
1996
10/08/1996
07/08/1996
04/08/1996
01/08/1996
0.323756 $
0.323756 $
0.323756 $
0.314763 $
1.286031 $
1995
10/05/1995
07/06/1995
04/04/1995
01/04/1995
0.314763 $
0.314763 $
0.314763 $
0.310266 $
1.254555 $
1994
10/04/1994
07/05/1994
04/05/1994
01/04/1994
0.310266 $
0.310266 $
0.310266 $
0.301273 $
1.232071 $
1993
07/02/1993
04/02/1993
01/05/1993
0.301273 $
0.301273 $
0.29228 $
0.894826 $
1992
10/05/1992
07/06/1992
04/06/1992
01/06/1992
0.29228 $
0.29228 $
0.29228 $
0.283287 $
1.160127 $
1991
10/04/1991
07/03/1991
04/04/1991
01/04/1991
0.283287 $
0.283287 $
0.283287 $
0.2653 $
1.115161 $
1990
10/03/1990
07/03/1990
04/04/1990
01/04/1990
0.2653 $
0.2653 $
0.2653 $
0.247314 $
1.043214 $
1989
10/03/1989
07/03/1989
04/04/1989
0.247314 $
0.247314 $
0.247314 $
0.741942 $
1988
12/23/1988
09/26/1988
06/24/1988
03/25/1988
0.229327 $
0.229327 $
0.229327 $
0.229327 $
0.917308 $
1987
12/24/1987
09/24/1987
06/24/1987
03/25/1987
0.215837 $
0.215837 $
0.215837 $
0.215837 $
0.863348 $
1986
12/24/1986
09/24/1986
06/24/1986
03/24/1986
0.202348 $
0.202348 $
0.202348 $
0.202348 $
0.809392 $
1985
12/24/1985
09/24/1985
06/24/1985
03/25/1985
0.191106 $
0.191106 $
0.019111 $
0.191106 $
0.592429 $
1984
12/21/1984
09/24/1984
06/25/1984
03/26/1984
0.179865 $
0.179865 $
0.179865 $
0.179865 $
0.71946 $
Dividend history of Verizon Communications

Verizon Communications dividend capture strategy

Step 1: Buy Verizon Communications shares (VZ) one day before ex-dividend date
Date of purchase Feb 5, 2024
Next ex-dividend date Feb 6, 2024
Step 2: Sell Verizon Communications shares (VZ) when the price recovers.
Date of sale (estimated) Feb 19, 2024
Average price recovery 12 days
Average return on cost 1.24%
The dividend capture strategy is based on historical Verizon Communications data. Past performance is no guarantee of future results.

Information about Verizon Communications

Full name Verizon Communications Inc.
Ticker VZ
Sector Communications Services
Industry Telecom Services
Market Capitalization 161.52B $
ISIN N/A
Number of Employees 110,500
Address 1095 Avenue of the Americas, New York, NY, 10036, United States
Phone 212 395 1000
Website https://www.verizon.com
Description of the company

Verizon Communications, Inc. is a company that arose from the disintegration that AT&T had to make in 1984, due to the antitrust laws that were approved in the United States, being one of the famous "Baby Bells" called "Bell Atlantic Corporation" dedicated to telecommunications and broadband services.

After its founding, it acquires "GTE", a telephone and mobile communications company, becoming one of the most important mergers in the history of telecommunications, changing its name to Verizon, which is made according to the union of two words, "veritas" in Latin, which means truth and "horizon".

It is headquartered in the Verizon Building in New York, but has a wide variety of subsidiaries around the world, including GTE, MCI Inc, NYNEX, Diamond State Telephone, New Jersey Bell, Verizon North, Terremark, among others.

Its services range from fixed and mobile telephony, internet and broadband, digital television and telecommunications, in addition to that in 2016 they acquired Yahoo! And in 2018 they bought the company "Movildata International", which laid the groundwork to establish themselves in southern Europe, United Kingdom, Germany, France, Ireland, the Netherlands, and Poland.

Frequently asked questions about Verizon Communications dividends

Verizon Communications pays dividends on a Quarterly basis.

Verizon Communications is listed on the New York Stock Exchange and is part of the Nyse.

Verizon Communications has the Ticker or stock code VZ.

Verizon Communications belongs to the Communications Services sector and the Telecom Services industry.

The CEO of Verizon Communications in 2023 is Mr. Hans E. Vestberg.

At this moment, the value of a Verizon Communications share is 38.42$.

Verizon Communications has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

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