Verizon Communications Dividend history 24 years & forecast 2024 to 2028
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Dividend analysis of the Verizon Communications share
|
Criterion / value
Criterion
Value
|
Points | |
|---|---|---|
|
Current dividend yield
6.31%
|
3/3 | |
|
Dividend yield 10 years
4.80%
|
3/3 | |
|
Payout 3 years
59.02%
|
3/3 | |
|
Continuity 10 years
10 Years
|
3/3 | |
|
Growth 5 years
2.01%
|
1/3 | |
| Top scorer |
Total: 13/15
|
|
When does Verizon Communications pay a dividend?
Verizon Communications pays the next dividend on Aug 01 2024 (payday). The ex-day is on Jul 10 2024. The Verizon Communications share dividend is distributed 4 times a year. In order to receive a dividend, you should generally own the Verizon Communications share before the ex-dividend date. The dividend calendar shows that the last ex-day dates were January, April, July and October . Dividends from Verizon Communications are distributed via February, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Financial year | Dividend per share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.665
Forecast
$0.67
Forecast
|
Jul 10 2024
Jul 10 2024
Aug 01 2024
Jul 10 24
Aug 01 24 |
Aug 01 2024 |
quarterly
quarterly
|
| 2024 |
$0.665
$0.67
|
Apr 09 2024
Apr 09 2024
May 01 2024
Apr 09 24
May 01 24 |
May 01 2024 |
quarterly
quarterly
|
| 2023 |
$0.665
$0.67
|
Jan 09 2024
Jan 09 2024
Feb 01 2024
Jan 09 24
Feb 01 24 |
Feb 01 2024 |
quarterly
quarterly
|
| 2023 |
$0.665
$0.67
|
Oct 06 2023
Oct 06 2023
Nov 01 2023
Oct 06 23
Nov 01 23 |
Nov 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.6525
$0.65
|
Jul 07 2023
Jul 07 2023
Aug 01 2023
Jul 07 23
Aug 01 23 |
Aug 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.6525
$0.65
|
Apr 06 2023
Apr 06 2023
May 01 2023
Apr 06 23
May 01 23 |
May 01 2023 |
quarterly
quarterly
|
| 2022 |
$0.6525
$0.65
|
Jan 09 2023
Jan 09 2023
Feb 01 2023
Jan 09 23
Feb 01 23 |
Feb 01 2023 |
quarterly
quarterly
|
| 2022 |
$0.6525
$0.65
|
Oct 06 2022
Oct 06 2022
Nov 01 2022
Oct 06 22
Nov 01 22 |
Nov 01 2022 |
quarterly
quarterly
|
| 2022 |
$0.64
$0.64
|
Jul 07 2022
Jul 07 2022
Aug 01 2022
Jul 07 22
Aug 01 22 |
Aug 01 2022 |
quarterly
quarterly
|
| 2022 |
$0.64
$0.64
|
Apr 07 2022
Apr 07 2022
May 02 2022
Apr 07 22
May 02 22 |
May 02 2022 |
quarterly
quarterly
|
How much dividend does Verizon Communications pay?
Verizon Communications most recently paid a dividend of $0.67. Verizon Communications paid a dividend of $2.64 per share in the financial year 2023. With a share price of $41.74 at Jul 01 2024, the current dividend yield is 6.31% (calculation: $2.64 / $41.74 = 6.31%). No special dividend was paid.
What is the Verizon Communications dividend yield and payout ratio?
The average Verizon Communications dividend yield over the last 5 years is 4.99% and the average over the last 10 years is 4.80%.
The payout ratio of Verizon Communications in relation to the last financial year is 95.47%. The payout ratio smoothed over 3 years is 59.02%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Key figure | Verizon Communications |
|---|---|
| Current dividend yield | 6.31% |
| Dividend yield 5 yrs. | 4.99% |
| Dividend yield 10 yrs. | 4.80% |
| Payout 1 yr. | 95.47% |
| Payout 3 yrs. | 59.02% |
Is the Verizon Communications dividend safe? Continuity & dividend growth
Is the Verizon Communications dividend safe?
Verizon Communications has been paying a dividend for 24 years and has not lowered the dividend for 24 years (dividend continuity). As a result, the dividend was recently increased19-times.
The dividend growth in relation to the previous financial year amounts to 1.93%. The average Verizon Communications dividend growth over the last 5 years is 2.01%. The average for the last 10 years is 2.34%.
| Key figure | Verizon Communications |
|---|---|
| Increased | 19 Years |
| Continuity | 24 Years |
| Paid | 24 Years |
| Growth 1 yr. | 1.93% |
| Growth 5 yrs. | 2.01% |
| Growth 10 yrs. | 2.34% |
Continuity
Verizon Communications has been paying a dividend for 24 years and has not lowered the dividend for 24 years (dividend continuity). As a result, the dividend was recently increased19-times.
Dividend growth
The dividend growth in relation to the previous financial year amounts to 1.93%. The average Verizon Communications dividend growth over the last 5 years is 2.01%. The average for the last 10 years is 2.34%.
Verizon Communications Share forecast 2024 and share analysis
On the stock exchange, the Verizon Communications share (ISIN: US92343V1044) is traded at July 2024 as a top scorer according to the dividend strategy.
The share price of Verizon Communications 10.72% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Verizon Communications share price in real time at the top of the page.
The Verizon Communications share (symbol: VZ) is valued at a price/earnings ratio (P/E ratio) of 15.57 and a price/sales ratio (P/S ratio) of 1.31 valued. Based on analyst estimates, the Verizon Communications share forecast 2024 of the current financial year corresponds to a valuation of 9.33 according to P/E ratio and 1.30 according to P/S ratioe.
| Key figure | Verizon Communications |
|---|---|
| Dividend score | 13/15 |
| Performance 2024 |
10.72%
|
| P/E ratio TTM | 15.57 |
| P/S ratio TTM | 1.31 |
| P/E ratio expected | 9.33 |
| P/S ratio expected | 1.30 |
The Verizon Communications share (symbol: VZ) is valued at a price/earnings ratio (P/E ratio) of 15.57 and a price/sales ratio (P/S ratio) of 1.31 valued. Based on analyst estimates, the Verizon Communications share forecast 2024 of the current financial year corresponds to a valuation of 9.33 according to P/E ratio and 1.30 according to P/S ratioe.
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