Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
Verizon Dividend Announcement
• Verizon announced a quarterly dividend of $0.68 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-10
• Verizon annual dividend for 2024 was $2.67
• Verizon annual dividend for 2023 was $2.62
• Verizon's trailing twelve-month (TTM) dividend yield is 8.28%
• Verizon's payout ratio for the trailing twelve months (TTM) is 114.26%
• Verizon's dividend growth over the last five years (2018-2023) was 2.02% year
• Verizon's dividend growth over the last ten years (2013-2023) was 2.37% year
Verizon Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | $0.68 | quarterly | 2024-11-01 |
2024-07-10 | $0.67 | quarterly | 2024-08-01 |
2024-04-09 | $0.67 | quarterly | 2024-05-01 |
2024-01-09 | $0.67 | quarterly | 2024-02-01 |
2023-10-06 | $0.67 | quarterly | 2023-11-01 |
2023-07-07 | $0.65 | quarterly | 2023-08-01 |
2023-04-06 | $0.65 | quarterly | 2023-05-01 |
2023-01-09 | $0.65 | quarterly | 2023-02-01 |
2022-10-06 | $0.65 | quarterly | 2022-11-01 |
2022-07-07 | $0.64 | quarterly | 2022-08-01 |
2022-04-07 | $0.64 | quarterly | 2022-05-02 |
2022-01-07 | $0.64 | quarterly | 2022-02-01 |
2021-10-07 | $0.64 | quarterly | 2021-11-01 |
2021-07-08 | $0.63 | quarterly | 2021-08-02 |
2021-04-08 | $0.63 | quarterly | 2021-05-03 |
2021-01-07 | $0.63 | quarterly | 2021-02-01 |
2020-10-08 | $0.63 | quarterly | 2020-11-02 |
2020-07-09 | $0.61 | quarterly | 2020-08-03 |
2020-04-09 | $0.61 | quarterly | 2020-05-01 |
2020-01-09 | $0.61 | quarterly | 2020-02-03 |
2019-10-09 | $0.61 | quarterly | 2019-11-01 |
2019-07-09 | $0.60 | quarterly | 2019-08-01 |
2019-04-09 | $0.60 | quarterly | 2019-05-01 |
2019-01-09 | $0.60 | quarterly | 2019-02-01 |
2018-10-09 | $0.60 | quarterly | 2018-11-01 |
2018-07-09 | $0.59 | quarterly | 2018-08-01 |
2018-04-09 | $0.59 | quarterly | 2018-05-01 |
2018-01-09 | $0.59 | quarterly | 2018-02-01 |
2017-10-06 | $0.59 | quarterly | 2017-11-01 |
2017-07-06 | $0.58 | quarterly | 2017-08-01 |
2017-04-06 | $0.58 | quarterly | 2017-05-01 |
2017-01-06 | $0.58 | quarterly | 2017-02-01 |
2016-10-05 | $0.58 | quarterly | 2016-11-01 |
2016-07-06 | $0.56 | quarterly | 2016-08-01 |
2016-04-06 | $0.56 | quarterly | 2016-05-02 |
2016-01-06 | $0.56 | quarterly | 2016-02-01 |
2015-10-07 | $0.56 | quarterly | 2015-11-02 |
2015-07-08 | $0.55 | quarterly | 2015-08-03 |
2015-04-08 | $0.55 | quarterly | 2015-05-01 |
2015-01-07 | $0.55 | quarterly | 2015-02-02 |
2014-10-08 | $0.55 | quarterly | 2014-11-03 |
2014-07-08 | $0.53 | quarterly | 2014-08-01 |
2014-04-08 | $0.53 | quarterly | 2014-05-01 |
2014-01-08 | $0.53 | quarterly | 2014-02-03 |
2013-10-08 | $0.53 | quarterly | 2013-11-01 |
2013-07-08 | $0.52 | quarterly | 2013-08-01 |
2013-04-08 | $0.52 | quarterly | 2013-05-01 |
2013-01-08 | $0.52 | quarterly | 2013-02-01 |
Verizon Dividend per year
Verizon Dividend growth
Verizon Dividend Yield
Verizon current trailing twelve-month (TTM) dividend yield is 8.28%. Interested in purchasing Verizon stock? Use our calculator to estimate your expected dividend yield:
Verizon Financial Ratios
Verizon Dividend FAQ
Other factors to consider when evaluating Verizon as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Verizon's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Verizon publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Verizon distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Verizon are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Verizon sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Verizon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Verizon declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Verizon's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Verizon's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.