VZ vs WPP: Which Is the Better Dividend Stock?
As of Oct 3, 2026, VZ (Verizon Communications Inc.) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. VZ offers the higher yield at 6.15%, VZ has the higher dividend-safety score, and WPP looks like the better value (its fair-value estimate is 114% above its share price).
Key facts: VZ vs WPP
Data as of · Source: SmarterDividends data
- As of Oct 3, 2026, Verizon Communications Inc. (VZ) has the higher forward dividend yield at 6.15%, versus 4.01% for WPP plc (WPP).
- As of Oct 3, 2026, SmarterDividends grades VZ's dividend safety A (87/100) and WPP's C (53/100).
- By SmarterDividends' count as of Oct 3, 2026, VZ has raised its dividend for 21 consecutive years and WPP for 0.
- As of Oct 3, 2026, VZ pays out 73% of its earnings as dividends and WPP pays out 115%.
- As of Oct 3, 2026, VZ's fair-value estimate is 54% above its share price and WPP's fair-value estimate is 114% above its share price, so WPP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "VZ vs WPP: Dividend Yield, Safety & Value Compared," updated Oct 3, 2026, https://smarterdividends.com/compare/vz-vs-wpp
| Metric | VZ | WPP |
|---|---|---|
| Forward yield | 6.15% | 4.01% |
| Annual dividend | $2.83 | $1.01 |
| Payout ratio | 73% | 115% |
| Years of growth | 21 yr | 0 yr |
| 5-yr dividend growth | 2.0% | -7.8% |
| 5-yr total return | -13% | -66% |
| Dividend safety score | 87 (A) | 53 (C) |
| Fair value estimate | $70.72 | $52.88 |
| Upside to fair value | +54% | +114% |
| Frequency | quarterly | semiannual |
| Market cap | $190.8B | $5.3B |
| P/E ratio | 12.0 | — |
Higher yield
VZ
6.15%
Safer dividend
VZ
Grade A
Faster growth
VZ
2.0%
Better value
WPP
+114% upside
VZ vs WPP — FAQ
Is VZ or WPP a better dividend stock?
On the data, VZ wins more head-to-head categories (7 vs 1). VZ offers the higher yield (6.15%), 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, VZ or WPP?
VZ has the higher forward dividend yield at 6.15%, versus 4.01% for WPP.
Is VZ or WPP safer?
VZ has the higher dividend-safety score (87/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.
Is VZ or WPP better value right now?
As of Oct 3, 2026, WPP looks like the better value: its fair-value estimate is 114% above its share price (undervalued). For VZ, its fair-value estimate is 54% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.