SmarterDividends

TCMEF vs VZ: Which Is the Better Dividend Stock?

As of Nov 5, 2026, VZ (Verizon Communications Inc.) screens as the stronger dividend stock, winning 4 of 5 head-to-head metrics. VZ offers the higher yield at 6.13%, VZ has the higher dividend-safety score, and VZ looks like the better value (its fair-value estimate is 40% above its share price).

Key facts: TCMEF vs VZ

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Verizon Communications Inc. (VZ) has the higher forward dividend yield at 6.13%, versus 2.56% for Tencent Music Entertainment Group (TCMEF).
  • By SmarterDividends' count as of Nov 5, 2026, TCMEF has raised its dividend for 0 consecutive years and VZ for 21.
  • As of Nov 5, 2026, TCMEF pays out 30% of its earnings as dividends and VZ pays out 72%.
  • As of Nov 5, 2026, TCMEF's fair-value estimate is 12% below its share price and VZ's fair-value estimate is 40% above its share price, so VZ looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "TCMEF vs VZ: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/tcmef-vs-vz

MetricTCMEFVZ
Forward yield2.56%6.13%
Annual dividend$0.12$2.83
Payout ratio30%72%
Years of growth0 yr21 yr
5-yr dividend growth—2.0%
5-yr total return—-11%
Dividend safety score—87 (A)
Fair value estimate$4.14$64.76
Upside to fair value-12%+40%
Frequencyannualquarterly
Market cap$15.3B$192.0B
P/E ratio11.411.8

Higher yield

VZ

6.13%

Safer dividend

VZ

Grade A

Faster growth

VZ

2.0%

Better value

VZ

+40% upside

TCMEF vs VZ — FAQ

Is TCMEF or VZ a better dividend stock?

On the data, VZ wins more head-to-head categories (4 vs 1). VZ offers the higher yield (6.13%), 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, TCMEF or VZ?

VZ has the higher forward dividend yield at 6.13%, versus 2.56% for TCMEF.

Is TCMEF or VZ safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is TCMEF or VZ better value right now?

As of Nov 5, 2026, VZ looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For TCMEF, its fair-value estimate is 12% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.