T-PA vs VZ: Which Is the Better Dividend Stock?
As of Oct 8, 2026, VZ (Verizon Communications Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. T-PA offers the higher yield at 7.31%, VZ has the higher dividend-safety score, and T-PA looks like the better value (its fair-value estimate is 110% above its share price).
Key facts: T-PA vs VZ
Data as of · Source: SmarterDividends data
- As of Oct 8, 2026, AT&T Inc. (T-PA) has the higher forward dividend yield at 7.31%, versus 6.18% for Verizon Communications Inc. (VZ).
- As of Oct 8, 2026, SmarterDividends grades T-PA's dividend safety B (73/100) and VZ's A (87/100).
- By SmarterDividends' count as of Oct 8, 2026, T-PA has raised its dividend for 0 consecutive years and VZ for 21.
- As of Oct 8, 2026, T-PA's fair-value estimate is 110% above its share price and VZ's fair-value estimate is 55% above its share price, so T-PA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "T-PA vs VZ: Dividend Yield, Safety & Value Compared," updated Oct 8, 2026, https://smarterdividends.com/compare/t-pa-vs-vz
| Metric | T-PA | VZ |
|---|---|---|
| Forward yield | 7.31% | 6.18% |
| Annual dividend | $1.25 | $2.83 |
| Payout ratio | — | 73% |
| Years of growth | 0 yr | 21 yr |
| 5-yr dividend growth | 2.4% | 2.0% |
| 5-yr total return | -35% | -13% |
| Dividend safety score | 73 (B) | 87 (A) |
| Fair value estimate | $35.87 | $70.77 |
| Upside to fair value | +110% | +55% |
| Frequency | quarterly | quarterly |
| Market cap | — | $190.2B |
| P/E ratio | 7.2 | 12.0 |
Higher yield
T-PA
7.31%
Safer dividend
VZ
Grade A
Faster growth
T-PA
2.4%
Better value
T-PA
+110% upside
T-PA vs VZ — FAQ
Is T-PA or VZ a better dividend stock?
On the data, VZ wins more head-to-head categories (4 vs 3). T-PA offers the higher yield (7.31%), while VZ has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, T-PA or VZ?
T-PA has the higher forward dividend yield at 7.31%, versus 6.18% for VZ.
Is T-PA or VZ safer?
VZ has the higher dividend-safety score (87/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is T-PA or VZ better value right now?
As of Oct 8, 2026, T-PA looks like the better value: its fair-value estimate is 110% above its share price (undervalued). For VZ, its fair-value estimate is 55% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.