VZ Dividend History & Yield

Verizon Communications Inc. · NYSE

Stock Communication Services Quarterly payer Dividend growthHigh yieldTelecom
$44.66
-1.19% today
as of Oct 24, 2026
TTM yield
6.30%
$2.814/share over the last 12 months
Forward yield
6.34%
$2.832/share indicated annual rate
Annual dividend
$2.832
per share, forward
Per payment
$0.708
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Jan 8, 2027 Estimated
in 75 days
Next pay date
Jan 22, 2027
in 89 days
Last ex-dividend date
Oct 9, 2026
$0.708 per share
Payout ratio
73%
of earnings
Market cap
185.6B
P/E 11.6
5y dividend CAGR
+2.2%
annualised, regular payments
Growth streak
19 yrs
consecutive annual raises
Years paying
42.6
since Mar 26, 1984
1y total return
+8.0%
price +1.6% + dividends 6.4%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Jan 8, 2027 (in 75 days) Jan 22, 2027 $0.708 $70.80 Estimated
Fri, Apr 9, 2027 (in 166 days) Apr 23, 2027 $0.708 $70.80 Estimated
Fri, Jul 9, 2027 (in 257 days) Jul 23, 2027 $0.708 $70.80 Estimated
Fri, Oct 8, 2027 (in 348 days) Oct 22, 2027 $0.708 $70.80 Estimated

Estimated dates and amounts are projected from VZ's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.832 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Jan 6, 2017 to Oct 9, 2026; most recent $0.708$0.00$0.40$0.80Jan 6, 2017: $0.578Jan '17Apr 6, 2017: $0.578Jul 6, 2017: $0.578Oct 6, 2017: $0.59Jan 9, 2018: $0.59Apr 9, 2018: $0.59Apr '18Jul 9, 2018: $0.59Oct 9, 2018: $0.603Jan 9, 2019: $0.603Apr 9, 2019: $0.603Jul 9, 2019: $0.603Jul '19Oct 9, 2019: $0.615Jan 9, 2020: $0.615Apr 9, 2020: $0.615Jul 9, 2020: $0.615Oct 8, 2020: $0.628Oct '20Jan 7, 2021: $0.628Apr 8, 2021: $0.628Jul 8, 2021: $0.628Oct 7, 2021: $0.64Jan 7, 2022: $0.64Jan '22Apr 7, 2022: $0.64Jul 7, 2022: $0.64Oct 6, 2022: $0.653Jan 9, 2023: $0.653Apr 6, 2023: $0.653Apr '23Jul 7, 2023: $0.653Oct 6, 2023: $0.665Jan 9, 2024: $0.665Apr 9, 2024: $0.665Jul 10, 2024: $0.665Jul '24Oct 10, 2024: $0.678Jan 10, 2025: $0.678Apr 10, 2025: $0.678Jul 10, 2025: $0.678Oct 10, 2025: $0.69Oct '25Jan 12, 2026: $0.69Apr 10, 2026: $0.708Jul 10, 2026: $0.708Oct 9, 2026: $0.708

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.50$3.002017: $2.324$2.32420172018: $2.373$2.37320182019: $2.424$2.42420192020: $2.473$2.47320202021: $2.524$2.52420212022: $2.573$2.57320222023: $2.624$2.62420232024: $2.673$2.67320242025: $2.724$2.72420252026 (YTD): $2.814$2.8142026 YTD

How much VZ do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month424$18,924$1,200
$500 / month2,119$94,619$6,000
$1,000 / month4,238$189,237$12,000

Based on the forward yield of 6.34%. $10,000 in VZ would currently pay about $634 a year ($53 a month on average). Model reinvestment and growth →

VZ dividend history

Ex-datePay dateAmountChange
Oct 9, 2026 — $0.708 +0.0%
Jul 10, 2026 — $0.708 +0.0%
Apr 10, 2026 — $0.708 +2.6%
Jan 12, 2026 — $0.69 +0.0%
Oct 10, 2025 — $0.69 +1.8%
Jul 10, 2025 — $0.678 +0.0%
Apr 10, 2025 — $0.678 +0.0%
Jan 10, 2025 — $0.678 +0.0%
Oct 10, 2024 — $0.678 +2.0%
Jul 10, 2024 — $0.665 +0.0%
Apr 9, 2024 — $0.665 +0.0%
Jan 9, 2024 — $0.665 +0.0%
Oct 6, 2023 — $0.665 +1.8%
Jul 7, 2023 — $0.653 +0.0%
Apr 6, 2023 — $0.653 +0.0%
Jan 9, 2023 — $0.653 +0.0%
Oct 6, 2022 — $0.653 +2.0%
Jul 7, 2022 — $0.64 +0.0%
Apr 7, 2022 — $0.64 +0.0%
Jan 7, 2022 — $0.64 +0.0%
Oct 7, 2021 — $0.64 +1.9%
Jul 8, 2021 — $0.628 +0.0%
Apr 8, 2021 — $0.628 +0.0%
Jan 7, 2021 — $0.628 +0.0%

VZ dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Apr 10, 2026 Raised 2.6% $0.69 $0.708 Paid
Oct 10, 2025 Raised 1.8% $0.678 $0.69 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

VZ scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Verizon Communications Inc.

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled…

Sector: Communication Services. Industry: Telecom Services. First dividend on our records: Mar 26, 1984. 170 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.

VZ dividend FAQ

When is VZ's next ex-dividend date?

VZ's next ex-dividend date is Jan 8, 2027 (in 75 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.708 per share, expected on Jan 22, 2027.

How often does VZ pay dividends?

VZ pays dividends every quarter, 4 times a year. The most recent payment was $0.708 per share with an ex-date of Oct 9, 2026.

What is VZ's dividend yield?

VZ's trailing 12-month dividend yield is 6.30%, based on $2.814 per share paid over the last year and a share price of $44.66. The forward yield, using the indicated annual rate of $2.832 per share, is 6.34%.

How much does VZ pay per share?

VZ pays about $0.708 per share each quarter, which works out to roughly $2.832 per share a year. 100 shares would collect about $283.20 a year.

Has VZ grown or cut its dividend?

VZ has raised its annual dividend for 19 consecutive years. Over the last 5 years the regular payout has grown at 2.2% a year (+3.3% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of VZ do I need to earn $100 a month?

At the current forward yield of 6.34%, you would need about 424 shares of VZ (roughly $18,924 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

Similar dividend stocks