VZ Holding AG, together with its subsidiaries, provides financial services in Switzerland and Germany. The company offers retirement, investment and asset management, mortgage and real estate, will and inheritance, tax, pension benefits and insurance, and account and deposit services to individuals. It also provides occupational benefit, fiduciary, risk management, business insurance, pension funds and foundation, and succession services to corporates. In addition, the company offers financial consulting and wealth management, securities accounts, securities and currency transactions, portfolio advisory and management, and mortgage credits provision and purchasing services, as well as sureties and guarantees for clients. Further, it provides investment research services, as well as consulting and management services; portfolio management; banking services; mortgage management and transfer services; property and casualty insurance products; and management services of investment foundations, pension funds, and other institutions offering occupational benefit schemes. The company focuses on serving individuals and couples aged 50 or over who live in their own homes. It also offers its services through VZ Finanzportal, an online portal, which enables customers to manage their financial transactions online; and a-la-carte support services. The company was founded in 1992 and is headquartered in Zurich, Switzerland. VZ Holding AG is a subsidiary of Madarex Ltd.
VZ Dividend Announcement
• VZ announced a annually dividend of CHF2.24 per ordinary share which will be made payable on . Ex dividend date: 2024-04-10
• VZ annual dividend for 2024 was CHF2.24
• VZ annual dividend for 2023 was CHF1.74
• VZ's trailing twelve-month (TTM) dividend yield is 1.57%
• VZ's payout ratio for the trailing twelve months (TTM) is 43.64%
• VZ's dividend growth over the last five years (2018-2023) was -16.74% year
• VZ's dividend growth over the last ten years (2013-2023) was -4.12% year
VZ Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-10 | CHF2.24 | annually | |
2023-04-14 | CHF1.74 | annually | 2023-04-18 |
2022-04-14 | CHF1.57 | annually | 2022-04-20 |
2021-04-14 | CHF1.23 | annually | 2021-04-16 |
2020-04-14 | CHF5.10 | annually | 2020-04-16 |
2019-04-11 | CHF4.90 | annually | 2019-04-15 |
2018-04-12 | CHF4.35 | annually | 2018-04-16 |
2017-04-10 | CHF4.20 | annually | 2017-04-12 |
2016-04-14 | CHF4.20 | annually | |
2015-04-14 | CHF3.50 | annually | |
2014-04-08 | CHF3.00 | annually | |
2013-04-09 | CHF2.65 | annually |
VZ Dividend per year
VZ Dividend growth
VZ Dividend Yield
VZ current trailing twelve-month (TTM) dividend yield is 1.57%. Interested in purchasing VZ stock? Use our calculator to estimate your expected dividend yield:
VZ Financial Ratios
VZ Dividend FAQ
Other factors to consider when evaluating VZ 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: VZ'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, VZ 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, VZ 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 VZ 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: VZ 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, VZ distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: VZ 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 VZ'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 VZ'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.