VZ vs WLY: Which Is the Better Dividend Stock?
As of July 2026, VZ and WLY are closely matched. VZ offers the higher yield at 6.49%, WLY has the higher dividend-safety score, and VZ trades at the larger discount to fair value (+98%).
| Metric | VZ | WLY |
|---|---|---|
| Forward yield | 6.49% | 2.79% |
| Annual dividend | $2.83 | $1.42 |
| Payout ratio | 67% | 34% |
| Years of growth | 21 yr | 32 yr |
| 5-yr dividend growth | 2.0% | 0.7% |
| 5-yr total return | -21% | -12% |
| Dividend safety score | 88 (A) | 97 (A) |
| Fair value estimate | $86.41 | $90.93 |
| Upside to fair value | +98% | +78% |
| Frequency | quarterly | quarterly |
| Market cap | $181.6B | $2.5B |
| P/E ratio | 10.6 | 12.0 |
Higher yield
VZ
6.49%
Safer dividend
WLY
Grade A
Faster growth
VZ
2.0%
Better value
VZ
+98% upside
VZ vs WLY — FAQ
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