Verizon Communications Inc. (VZ) Dividend History
VZ latest dividend
$0.71last dividend per share
Ex-dividend dateOct 9Friday, 2026
Payment dateNov 2Monday, 2026
The next dividend has not been announced yet.
- 21 yearsof dividend increases
- 1984paying since
- Quarterly4 payments a year
- +2.0%5-year growth a year
- 6.32%forward yield
VZ dividend income calculator
- Dividend income a year
- $283
- Each payment
- $71
- Value of the shares
- $4,479
- Dividend yield
- 6.32%
At the latest close; forward annual dividend $2.83 per share, before tax.
VZ dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
VZ dividend safety
Payout ratio (earnings)57.7%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)58.4%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+2.0%
Slow growth · a year on average
Years of increases21
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
VZ yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $40.55 | 6.98% | $2.81 | 6.9% |
| 3 years ago | $31.05 | 9.11% | $8.21 | 26.4% |
| 5 years ago | $51.91 | 5.45% | $13.41 | 25.8% |
| 10 years ago | $50.27 | 5.63% | $25.53 | 50.8% |
| 20 years ago | $32.91 | 8.60% | $44.98 | 136.7% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
VZ dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
VZ dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $2.72 | +1.9% | 6.69% | 4 |
| 2024 | $2.67 | +1.9% | 6.68% | 4 |
| 2023 | $2.62 | +2.0% | 6.96% | 4 |
| 2022 | $2.57 | +1.9% | 6.53% | 4 |
| 2021 | $2.52 | +2.1% | 4.86% | 4 |
| 2020 | $2.47 | +2.0% | 4.21% | 4 |
| 2019 | $2.42 | +2.1% | 3.95% | 4 |
| 2018 | $2.37 | +2.1% | 4.22% | 4 |
| 2017 | $2.32 | +2.2% | 4.39% | 4 |
| 2016 | $2.27 | +2.6% | 4.26% | 4 |
| 2015 | $2.21 | +3.5% | 4.79% | 4 |
| 2014 | $2.14 | +3.1% | 4.57% | 4 |
| 2013 | $2.08 | +3.0% | 4.22% | 4 |
| 2012 | $2.02 | +2.6% | 4.66% | 4 |
| 2011 | $1.96 | +5.9% | 4.90% | 4 |
| 2010 | $1.85 | +6.6% | 5.18% | 4 |
| 2009 | $1.74 | +6.1% | 5.60% | 4 |
| 2008 | $1.64 | +6.8% | 5.16% | 4 |
| 2007 | $1.54 | +5.4% | 3.77% | 4 |
| 2006 | $1.46 | — | 4.19% | 4 |
VZ dividend history
173 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-10-09 | 2026-11-02 | $0.708 | — | Quarterly |
| 2026-07-10 | 2026-08-03 | $0.708 | — | Quarterly |
| 2026-04-10 | 2026-05-01 | $0.708 | +2.6% | Quarterly |
| 2026-01-12 | 2026-02-02 | $0.69 | — | Quarterly |
| 2025-10-10 | 2025-11-03 | $0.69 | +1.8% | Quarterly |
| 2025-07-10 | 2025-08-01 | $0.678 | — | Quarterly |
| 2025-04-10 | 2025-05-01 | $0.678 | — | Quarterly |
| 2025-01-10 | 2025-02-03 | $0.678 | — | Quarterly |
| 2024-10-10 | 2024-11-01 | $0.678 | +2.0% | Quarterly |
| 2024-07-10 | 2024-08-01 | $0.665 | — | Quarterly |
| 2024-04-09 | 2024-05-01 | $0.665 | — | Quarterly |
| 2024-01-09 | 2024-02-01 | $0.665 | — | Quarterly |
| 2023-10-06 | 2023-11-01 | $0.665 | +1.8% | Quarterly |
| 2023-07-07 | 2023-08-01 | $0.653 | — | Quarterly |
| 2023-04-06 | 2023-05-01 | $0.653 | — | Quarterly |
| 2023-01-09 | 2023-02-01 | $0.653 | — | Quarterly |
Show all 173 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-10-06 | 2022-11-01 | $0.653 | +2.0% | Quarterly |
| 2022-07-07 | 2022-08-01 | $0.64 | — | Quarterly |
| 2022-04-07 | 2022-05-02 | $0.64 | — | Quarterly |
| 2022-01-07 | 2022-02-01 | $0.64 | — | Quarterly |
| 2021-10-07 | 2021-11-01 | $0.64 | +1.9% | Quarterly |
| 2021-07-08 | 2021-08-02 | $0.628 | — | Quarterly |
| 2021-04-08 | 2021-05-03 | $0.628 | — | Quarterly |
| 2021-01-07 | 2021-02-01 | $0.628 | — | Quarterly |
| 2020-10-08 | 2020-11-02 | $0.628 | +2.1% | Quarterly |
| 2020-07-09 | 2020-08-03 | $0.615 | — | Quarterly |
| 2020-04-09 | 2020-05-01 | $0.615 | — | Quarterly |
| 2020-01-09 | 2020-02-03 | $0.615 | — | Quarterly |
| 2019-10-09 | 2019-11-01 | $0.615 | +2.0% | Quarterly |
| 2019-07-09 | 2019-08-01 | $0.603 | — | Quarterly |
| 2019-04-09 | 2019-05-01 | $0.603 | — | Quarterly |
| 2019-01-09 | 2019-02-01 | $0.603 | — | Quarterly |
| 2018-10-09 | 2018-11-01 | $0.603 | +2.2% | Quarterly |
| 2018-07-09 | 2018-08-01 | $0.59 | — | Quarterly |
| 2018-04-09 | 2018-05-01 | $0.59 | — | Quarterly |
| 2018-01-09 | 2018-02-01 | $0.59 | — | Quarterly |
| 2017-10-06 | 2017-11-01 | $0.59 | +2.1% | Quarterly |
| 2017-07-06 | 2017-08-01 | $0.578 | — | Quarterly |
| 2017-04-06 | 2017-05-01 | $0.578 | — | Quarterly |
| 2017-01-06 | 2017-02-01 | $0.578 | — | Quarterly |
| 2016-10-05 | 2016-11-01 | $0.578 | +2.3% | Quarterly |
| 2016-07-06 | 2016-08-01 | $0.565 | — | Quarterly |
| 2016-04-06 | 2016-05-02 | $0.565 | — | Quarterly |
| 2016-01-06 | 2016-02-01 | $0.565 | — | Quarterly |
| 2015-10-07 | 2015-11-02 | $0.565 | +2.7% | Quarterly |
| 2015-07-08 | 2015-08-03 | $0.55 | — | Quarterly |
| 2015-04-08 | 2015-05-01 | $0.55 | — | Quarterly |
| 2015-01-07 | 2015-02-02 | $0.55 | — | Quarterly |
| 2014-10-08 | 2014-11-03 | $0.55 | +3.8% | Quarterly |
| 2014-07-08 | 2014-08-01 | $0.53 | — | Quarterly |
| 2014-04-08 | 2014-05-01 | $0.53 | — | Quarterly |
| 2014-01-08 | 2014-02-03 | $0.53 | — | Quarterly |
| 2013-10-08 | 2013-11-01 | $0.53 | +2.9% | Quarterly |
| 2013-07-08 | 2013-08-01 | $0.515 | — | Quarterly |
| 2013-04-08 | 2013-05-01 | $0.515 | — | Quarterly |
| 2013-01-08 | 2013-02-01 | $0.515 | — | Quarterly |
| 2012-10-05 | 2012-11-01 | $0.515 | +3.0% | Quarterly |
| 2012-07-06 | 2012-08-01 | $0.5 | — | Quarterly |
| 2012-04-05 | 2012-05-01 | $0.5 | — | Quarterly |
| 2012-01-06 | 2012-02-01 | $0.5 | — | Quarterly |
| 2011-10-05 | 2011-11-01 | $0.5 | +2.5% | Quarterly |
| 2011-07-06 | 2011-08-01 | $0.488 | — | Quarterly |
| 2011-04-06 | 2011-05-02 | $0.488 | — | Quarterly |
| 2011-01-06 | 2011-02-01 | $0.488 | — | Quarterly |
| 2010-10-06 | 2010-11-01 | $0.488 | +2.7% | Quarterly |
| 2010-07-07 | 2010-08-02 | $0.475 | +6.6% | Quarterly |
| 2010-04-07 | 2010-05-03 | $0.4455 | — | Quarterly |
| 2010-01-06 | 2010-02-01 | $0.4455 | — | Quarterly |
| 2009-10-07 | 2009-11-02 | $0.4455 | +3.3% | Quarterly |
| 2009-07-08 | 2009-08-03 | $0.4314 | — | Quarterly |
| 2009-04-07 | 2009-05-01 | $0.4314 | — | Quarterly |
| 2009-01-07 | 2009-02-02 | $0.4314 | — | Quarterly |
| 2008-10-08 | 2008-11-03 | $0.4314 | +7.0% | Quarterly |
| 2008-07-08 | 2008-08-01 | $0.4033 | — | Quarterly |
| 2008-04-08 | 2008-05-01 | $0.4033 | +0.5% | Quarterly |
| 2008-01-08 | 2008-02-01 | $0.4014 | — | Quarterly |
| 2007-10-05 | 2007-11-01 | $0.4014 | +6.2% | Quarterly |
| 2007-07-06 | 2007-08-01 | $0.3781 | — | Quarterly |
| 2007-04-05 | 2007-05-01 | $0.3781 | — | Quarterly |
| 2007-01-08 | 2007-02-01 | $0.3781 | +3.8% | Quarterly |
| 2006-10-05 | 2006-11-01 | $0.3642 | — | Quarterly |
| 2006-07-06 | 2006-08-01 | $0.3642 | — | Quarterly |
| 2006-04-06 | 2006-05-01 | $0.3642 | — | Quarterly |
| 2006-01-06 | 2006-02-01 | $0.3642 | — | Quarterly |
| 2005-10-05 | 2005-11-01 | $0.3642 | — | Quarterly |
| 2005-07-06 | 2005-08-01 | $0.3642 | — | Quarterly |
| 2005-04-06 | 2005-05-02 | $0.3642 | +5.2% | Quarterly |
| 2005-01-06 | 2005-02-01 | $0.3462 | — | Quarterly |
| 2004-10-06 | 2004-11-01 | $0.3462 | — | Quarterly |
| 2004-07-07 | 2004-08-02 | $0.3462 | — | Quarterly |
| 2004-04-06 | 2004-05-03 | $0.3462 | — | Quarterly |
| 2004-01-07 | 2004-02-02 | $0.3462 | — | Quarterly |
| 2003-10-08 | 2003-11-03 | $0.3462 | — | Quarterly |
| 2003-07-08 | 2003-08-01 | $0.3462 | — | Quarterly |
| 2003-04-08 | 2003-05-01 | $0.3462 | — | Quarterly |
| 2003-01-08 | 2003-02-03 | $0.3462 | — | Quarterly |
| 2002-10-08 | 2002-11-01 | $0.3462 | — | Quarterly |
| 2002-07-08 | 2002-08-01 | $0.3462 | — | Quarterly |
| 2002-04-08 | 2002-05-01 | $0.3462 | — | Quarterly |
| 2002-01-08 | 2002-02-01 | $0.3462 | — | Quarterly |
| 2001-10-05 | 2001-11-01 | $0.3462 | — | Quarterly |
| 2001-07-06 | 2001-08-01 | $0.3462 | — | Quarterly |
| 2001-04-06 | 2001-05-01 | $0.3462 | — | Quarterly |
| 2001-01-08 | 2001-02-01 | $0.3462 | — | Quarterly |
| 2000-10-05 | 2000-11-01 | $0.3462 | +719.1% | Quarterly |
| 2000-07-06 | 2000-08-01 | $0.0423 | −87.8% | |
| 2000-07-03 | 2000-07-21 | $0.3462 | — | |
| 2000-04-06 | 2000-05-01 | $0.3462 | — | |
| 2000-01-06 | 2000-02-01 | $0.3462 | — | |
| 1999-10-06 | 1999-11-01 | $0.3462 | −0.3% | |
| 1999-07-07 | 1999-08-02 | $0.3471 | +0.3% | |
| 1999-04-07 | 1999-05-03 | $0.3462 | — | |
| 1999-01-06 | 1999-02-01 | $0.3462 | — | |
| 1998-10-07 | 1998-11-02 | $0.3462 | — | |
| 1998-07-08 | 1998-08-03 | $0.3462 | — | |
| 1998-04-07 | 1998-05-01 | $0.3462 | — | |
| 1998-01-07 | 1998-02-02 | $0.3462 | — | |
| 1997-10-08 | 1997-11-03 | $0.3462 | −10.1% | |
| 1997-07-08 | — | $0.385 | +15.7% | |
| 1997-04-08 | 1997-05-01 | $0.3327 | +2.8% | |
| 1997-01-08 | 1997-02-03 | $0.3238 | — | |
| 1996-10-08 | 1996-11-01 | $0.3238 | −55.0% | |
| 1996-10-07 | — | $0.72 | +122.4% | |
| 1996-07-08 | 1996-08-01 | $0.3238 | — | |
| 1996-04-08 | 1996-05-01 | $0.3238 | +2.9% | |
| 1996-01-08 | 1996-02-01 | $0.3148 | — | |
| 1995-10-05 | 1995-11-01 | $0.3148 | — | |
| 1995-07-06 | 1995-08-01 | $0.3148 | — | |
| 1995-04-04 | 1995-05-01 | $0.3148 | +1.4% | |
| 1995-01-04 | 1995-02-01 | $0.3103 | — | |
| 1994-10-04 | 1994-11-01 | $0.3103 | — | |
| 1994-07-05 | 1994-08-01 | $0.3103 | — | |
| 1994-04-05 | 1994-05-02 | $0.3103 | +3.0% | |
| 1994-01-04 | 1994-02-01 | $0.3013 | −10.1% | |
| 1993-10-04 | — | $0.335 | +11.2% | |
| 1993-07-02 | 1993-08-02 | $0.3013 | — | |
| 1993-04-02 | 1993-05-03 | $0.3013 | +3.1% | |
| 1993-01-05 | 1993-02-01 | $0.2923 | — | |
| 1992-10-05 | 1992-11-02 | $0.2923 | — | |
| 1992-07-06 | 1992-08-03 | $0.2923 | — | |
| 1992-04-06 | 1992-05-01 | $0.2923 | +3.2% | |
| 1992-01-06 | 1992-02-03 | $0.2833 | — | |
| 1991-10-04 | 1991-11-01 | $0.2833 | — | |
| 1991-07-03 | 1991-08-01 | $0.2833 | — | |
| 1991-04-04 | 1991-05-01 | $0.2833 | +6.8% | |
| 1991-01-04 | 1991-02-01 | $0.2653 | — | |
| 1990-10-03 | 1990-11-01 | $0.2653 | — | |
| 1990-07-03 | 1990-08-01 | $0.2653 | — | |
| 1990-04-04 | 1990-05-01 | $0.2653 | +7.3% | |
| 1990-01-04 | 1990-02-01 | $0.2473 | — | |
| 1989-10-03 | 1989-11-01 | $0.2473 | — | |
| 1989-07-03 | 1989-08-01 | $0.2473 | — | |
| 1989-04-04 | 1989-05-01 | $0.2473 | +7.8% | |
| 1988-12-23 | 1989-02-01 | $0.2293 | — | |
| 1988-09-26 | 1988-11-01 | $0.2293 | — | |
| 1988-06-24 | 1988-08-01 | $0.2293 | — | |
| 1988-03-25 | 1988-05-01 | $0.2293 | +6.2% | |
| 1987-12-24 | 1988-02-01 | $0.2158 | — | |
| 1987-09-24 | 1987-11-01 | $0.2158 | — | |
| 1987-06-24 | 1987-08-01 | $0.2158 | — | |
| 1987-03-25 | — | $0.2158 | +6.7% | |
| 1986-12-24 | 1987-02-01 | $0.2024 | — | |
| 1986-09-24 | 1986-11-01 | $0.2024 | — | |
| 1986-06-24 | 1986-08-01 | $0.2024 | — | |
| 1986-03-24 | 1986-05-01 | $0.2024 | +5.9% | |
| 1985-12-24 | 1986-02-01 | $0.1911 | — | |
| 1985-09-24 | 1985-11-01 | $0.1911 | +900.1% | |
| 1985-06-24 | 1985-08-01 | $0.0191 | −90.0% | |
| 1985-03-25 | 1985-05-01 | $0.1911 | +6.2% | |
| 1984-12-21 | 1985-02-01 | $0.1799 | — | |
| 1984-09-24 | 1984-11-01 | $0.1799 | — | |
| 1984-06-25 | 1984-08-01 | $0.1799 | — | |
| 1984-03-26 | 1984-05-01 | $0.1799 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
VZ stock split history
- 1000000:937889July 2, 2010
- 100000:99537April 1, 2008
- 100000:96334November 20, 2006
- 2:1June 30, 1998
- 2:1May 2, 1990
- 2:1April 18, 1986
VZ dividend overview
Verizon pays an annual dividend of $2.83 per share, a yield of 6.32% at the latest close, paid quarterly. It paid $2.72 per share in 2025, up 1.9% from 2024. It has raised its dividend for 21 consecutive years. Over five years the dividend grew 2.0% a year on average and over ten years 2.1% a year. The payout ratio is 57.7% of trailing earnings.
Related: VZ cash flow statement, VZ key metrics, VZ chart. See the VZ stock overview for the latest quote and news.
VZ dividends FAQ
Does Verizon pay a dividend?
Yes. Verizon has paid a regular dividend since 1984, quarterly, most recently $0.71 per share with an ex-dividend date of October 9, 2026.
What is Verizon's dividend yield?
Verizon's forward annual dividend is $2.83 per share, a dividend yield of 6.32% at the latest close of $44.79.
How often does Verizon pay dividends?
Verizon pays dividends quarterly.
How fast is Verizon's dividend growing?
Verizon's dividend per share grew from $2.47 in 2020 to $2.72 in 2025, 2.0% a year on average over five years; it has increased for 21 years in a row.
What is Verizon's dividend payout ratio?
Verizon pays out 57.7% of its trailing earnings as dividends and 58.4% of its free cash flow (fiscal 2025).
Has Verizon split its stock?
Verizon has split its stock 6 times: 1000000:937889 on July 2, 2010, 100000:99537 on April 1, 2008, 100000:96334 on November 20, 2006, 2:1 on June 30, 1998, 2:1 on May 2, 1990, 2:1 on April 18, 1986. Dividends per share on this page are adjusted for splits.