VIV vs VZ: Which Is the Better Dividend Stock?
As of Nov 5, 2026, VZ (Verizon Communications Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. VIV offers the higher yield at 8.95%, VZ has the higher dividend-safety score, and VIV looks like the better value (its fair-value estimate is 120% above its share price).
Key facts: VIV vs VZ
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Telefônica Brasil S.A. (VIV) has the higher forward dividend yield at 8.95%, versus 6.13% for Verizon Communications Inc. (VZ).
- As of Nov 5, 2026, SmarterDividends grades VIV's dividend safety C (51/100) and VZ's A (87/100).
- By SmarterDividends' count as of Nov 5, 2026, VIV has raised its dividend for 0 consecutive years and VZ for 21.
- As of Nov 5, 2026, VIV pays out 120% of its earnings as dividends and VZ pays out 72%.
- As of Nov 5, 2026, VIV's fair-value estimate is 120% above its share price and VZ's fair-value estimate is 40% above its share price, so VIV looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "VIV vs VZ: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/viv-vs-vz
| Metric | VIV | VZ |
|---|---|---|
| Forward yield | 8.95% | 6.13% |
| Annual dividend | $1.01 | $2.83 |
| Payout ratio | 120% | 72% |
| Years of growth | 0 yr | 21 yr |
| 5-yr dividend growth | -14.5% | 2.0% |
| 5-yr total return | 28% | -11% |
| Dividend safety score | 51 (C) | 87 (A) |
| Fair value estimate | $25.07 | $64.76 |
| Upside to fair value | +120% | +40% |
| Frequency | monthly | quarterly |
| Market cap | $18.2B | $192.0B |
| P/E ratio | 14.6 | 11.8 |
Higher yield
VIV
8.95%
Safer dividend
VZ
Grade A
Faster growth
VZ
2.0%
Better value
VIV
+120% upside
VIV vs VZ — FAQ
Is VIV or VZ a better dividend stock?
On the data, VZ wins more head-to-head categories (5 vs 3). VIV offers the higher yield (8.95%), 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, VIV or VZ?
VIV has the higher forward dividend yield at 8.95%, versus 6.13% for VZ.
Is VIV or VZ safer?
VZ has the higher dividend-safety score (87/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.
Is VIV or VZ better value right now?
As of Nov 5, 2026, VIV looks like the better value: its fair-value estimate is 120% above its share price (undervalued). For VZ, its fair-value estimate is 40% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.