T vs VZ
AT&T Inc. compared with Verizon Communications Inc. on yield, payout growth, payment schedule, cost and risk.
Quick take
- VZ yields more today: 6.34% vs 5.31% (forward).
- VZ has grown its payout faster: 2.2%/yr vs -11.8%/yr over the last 5 years.
- Both pay every quarter.
- VZ has the longer streak of annual increases: 19 years vs 0.
- Over the last year VZ delivered the higher total return: +8.0% vs -21.9% (price change plus payouts).
- VZ raises fewer payout-risk flags on our heuristic (low vs moderate).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | T | VZ |
|---|---|---|
| Share price | $20.93 | $44.66 |
| TTM yield | 5.31% | 6.30% |
| Forward yield | 5.31% | 6.34% |
| Annual payout per share | $1.112 | $2.832 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Jan 8, 2027 (est.) | Jan 8, 2027 (est.) |
| Payout ratio (earnings) | 59% | 73% |
| 1-year payout growth | +0.0% | +3.3% |
| 5-year payout CAGR | -11.8% | +2.2% |
| Consecutive years of increases | 0 years | 19 years |
| Payout consistency (last 12) | 100/100 | 98/100 |
| 1-year total return | -21.9% | +8.0% |
| 1-year price return | -25.9% | +1.6% |
| Size (market cap / AUM) | 141.0B | 185.6B |
| Years paying | 42.6 | 42.6 |
| Payout risk (heuristic) | Moderate | Low |
| Sector / category | Communication Services | Communication Services |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| T | VZ | |
|---|---|---|
| Shares | 477.8 | 223.9 |
| Income per year | $531 | $634 |
| Income per month (avg) | $44 | $53 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| T Jan 8, 2027 | Jan 22, 2027 | $0.278 | Est. |
| T Apr 9, 2027 | Apr 23, 2027 | $0.278 | Est. |
| T Jul 9, 2027 | Jul 23, 2027 | $0.278 | Est. |
| VZ Jan 8, 2027 | Jan 22, 2027 | $0.708 | Est. |
| VZ Apr 9, 2027 | Apr 23, 2027 | $0.708 | Est. |
| VZ Jul 9, 2027 | Jul 23, 2027 | $0.708 | Est. |
Annual payouts per share
TVZ
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, T or VZ?
VZ currently has the higher trailing yield: T yields 5.31% and VZ yields 6.30%. Yield changes daily with price, so check the live figures above.
How often do T and VZ pay?
T pays every quarter and VZ pays every quarter. T's next ex-date is Jan 8, 2027 and VZ's is Jan 8, 2027.
Which has grown its dividend faster, T or VZ?
VZ has grown its payout faster: 2.2%/yr vs -11.8%/yr over the last 5 years.
Is T or VZ better for income?
It depends on what you are optimising for. T and VZ differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.