Page title
Section title
- Dividend Yield
- 6.18%
- Payout Ratio
- 58.10%
- Dividend Amount Per Share
- $2.66
- Last Ex-Dividend Date
- Oct 10, 2024
VZ Dividend Safety
VZ paid out 58.10% of its $12B earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
VZ's Dividend Payout Ratio of 58.1% is approaching unsustainable levels for the Communication Services sector, raising concerns about reinvestment and future growth.
Interest Rate Coverage
VZ's Interest Coverage Ratio of 3.678 indicates strong financial health with easy coverage of interest expenses.
Income Quality
VZ shows excellent income quality with a ratio of 3.098. This indicates high-quality earnings and low risk of dividend cuts.
VZ Dividend Growth
Verizon Communications Inc.(VZ) offers a dividend yield of 6.18% and pays $2.66 in dividends per share. Explore the historical dividend growth of VZ.
Dividend Stability
VZ has maintained stable dividend payments over the past 11 years with no cuts over 5%.
Dividend Growth
VZ's dividend payments have shown very poor growth, growing by 1.955% over the last 5 years.
Earnings Growth
VZ's earnings have shown very poor growth, shrinking by -9.626% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
VZ Dividend Yield Attractiveness
Verizon Communications Inc.(VZ) provides a dividend yield of 6.18%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
4.83%
4.94%
4.94%
6.18%
Dividend Yield
VZ's dividend yield of 6.18% is considered good compared to the sector average of 4.936%, providing a strong safety margin for investors.
VZ Cash Flow
Over the past 12 months, VZ generated $134B in revenue, produced $19B in free cash flow, and distributed $11B in dividends.
Free Cash Flow Growth
VZ's free cash flow has grown by 2.043% annually over the last 5 years, suggesting a moderate ability to generate cash and support dividend payments.
VZ Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Verizon Communications Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.