SmarterDividends
VZ

Verizon Communications Inc.

VZ41 yrs growth

Communication Services · Stock · quarterly payer

Forward Yield

6.31%

Annual Dividend

$2.83

Payout Ratio

67%

5-Yr Growth

2.0%

Ex-Date

Apr 10, 2026

Frequency

Quarterly

VZ Dividend Safety Score

88/ 100
Grade A

Very Safe

Dividend-growth streak25 consecutive years of growth
Cut historyCut its dividend in 2000
Earnings payout coverage67% of earnings paid out
Free-cash-flow coverage60% of free cash flow
Balance-sheet strengthDebt/equity of 1.92
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is VZ a good dividend stock?

Yes

Verizon Communications Inc. (VZ) pays a quarterly dividend yielding 6.31% ($2.83/yr), with 41 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 41 consecutive years of growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2000
  • Share price is down over the past 5 years

Key Data

Dividend Yield
6.31%
Payout Ratio
67%
Annual Dividend
$2.83
5-Yr Avg Growth
2.0%
Ex-Dividend Date
Apr 10, 2026
Years of Growth
41
Frequency
quarterly
Beta
0.22
Market Cap
$187.4B
P/E Ratio
10.9
5-Yr Total Return
-19%
52-Week Range
$38.39 – $51.68
Dividend Safety
A · 88/100
Ever Cut?
Yes (2000)
VZ ex-dividend date & scheduleNext ex-date Apr 10, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.83 / yr per share

Per payment (quarterly)$70.75
Annual$283.00
Monthly avg$23.58