Verizon Communications Inc. (VZ) Dividend
Verizon Communications Inc. (VZ) currently pays a dividend yield of 6.02%, distributing $2.83 per share annually ($0.71 per quarter). The company operates in the Communication Services sector.
VZ has raised its dividend for 19 consecutive years.
VZ dividend at a glance
| Dividend Yield | 6.02% |
|---|---|
| Annual Dividend | $2.83 per share |
| Per Payment | $0.71 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | October 10, 2026 |
| Next Payment Date | October 31, 2026 |
| Payout Ratio | 73% |
| Consecutive Years of Dividend Growth | 19 |
| Sector | Communication Services |
| Implied Share Price (from yield) | $47.04 |
What VZ pays on a $10,000 investment
At a 6.02% yield, $10,000 invested in VZ generates about $602.00 per year, or roughly $150.50 every quarter. Share counts below use an implied price of $47.04, derived from the $2.83 annual dividend and the 6.02% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 21.3 | $60.20 | $15.05 |
| $5,000 | 106.3 | $301.00 | $75.25 |
| $10,000 | 212.6 | $602.00 | $150.50 |
| $25,000 | 531.4 | $1,505.00 | $376.25 |
| $100,000 | 2,125.7 | $6,020.00 | $1,505.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
VZ dividend payment schedule
VZ pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is October 10, 2026, with payment on October 31, 2026. Later rows are projected forward at the same interval and will shift when Verizon Communications Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| October 10, 2026 | October 31, 2026 | $0.71 | Confirmed |
| January 10, 2027 | January 31, 2027 | $0.71 | Projected |
| April 10, 2027 | May 1, 2027 | $0.71 | Projected |
| July 10, 2027 | July 31, 2027 | $0.71 | Projected |
To collect a VZ dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How VZ's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. VZ's 6.02% is 2.21 percentage points above that median, ranking 217th of 587 by yield.
Within Communication Services, where we track 10 names, the median yield is 1.86% — putting VZ above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 19-year run of dividend increases ranks 83rd out of the 362 names in our data with an active growth streak.
What the numbers mean
VZ pays out roughly 73% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
Like most US dividend payers, VZ distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
VZ dividend FAQ
When is the next VZ ex-dividend date?
The next VZ ex-dividend date is October 10, 2026, with the payment scheduled for October 31, 2026. You must own shares before the ex-dividend date to receive that payment.
What is VZ's dividend yield?
VZ currently yields 6.02%, based on $2.83 in dividends per share over the past year.
How often does VZ pay dividends?
VZ pays quarterly, which works out to 4 payments per year of about $0.71 per share.
How much dividend income would $10,000 of VZ generate?
At the current 6.02% yield, $10,000 invested in VZ would produce roughly $602.00 per year, or about $150.50 per quarter, before taxes and assuming the dividend holds.
Has VZ increased its dividend?
Yes — VZ has raised its dividend for 19 consecutive years.
VZ dividend history
DivTrkr holds 169 recorded VZ dividend payments going back to 1984, with 19 consecutive complete years of increases and +2.0% a year of growth over the last five complete years. See the full VZ dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Communication Services dividend payers
- GOOW — Roundhill GOOGL WeeklyPay ETF dividend (10.93%)
- CMCSA — Comcast Corporation dividend (5.21%)
- T — AT&T Inc. dividend (4.67%)
- TMUS — T-Mobile US, Inc. dividend (2.30%)
- DIS — The Walt Disney Company dividend (1.43%)
- EA — Electronic Arts Inc. dividend (0.36%)
- META — Meta Platforms, Inc. dividend (0.35%)
- GOOG — Alphabet Inc. dividend (0.25%)
Similar yields to VZ
- HNNA — Hennessy Advisors, Inc. dividend (6.04%)
- EPR — EPR Properties dividend (5.98%)
- MTN — Vail Resorts, Inc. dividend (5.97%)
- VONOY — Vonovia SE dividend (5.97%)
- ANWPX — American Funds New Perspective A dividend (6.08%)
- EPD — Enterprise Products Partners L.P. dividend (5.93%)
Track VZ dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.