T vs VZ: Which Is the Better Dividend Stock?
As of July 2026, VZ (Verizon Communications Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. VZ offers the higher yield at 6.39%, VZ has the higher dividend-safety score, and T trades at the larger discount to fair value (+169%).
| Metric | T | VZ |
|---|---|---|
| Forward yield | 4.83% | 6.39% |
| Annual dividend | $1.11 | $2.83 |
| Payout ratio | 37% | 67% |
| Years of growth | 0 yr | 21 yr |
| 5-yr dividend growth | -11.8% | 2.0% |
| 5-yr total return | 17% | -16% |
| Dividend safety score | 68 (B) | 88 (A) |
| Fair value estimate | $64.92 | $87.03 |
| Upside to fair value | +169% | +88% |
| Frequency | quarterly | quarterly |
| Market cap | $165.3B | $193.7B |
| P/E ratio | 8.0 | 10.7 |
Higher yield
VZ
6.39%
Safer dividend
VZ
Grade A
Faster growth
VZ
2.0%
Better value
T
+169% upside
T vs VZ — FAQ
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