Verizon (VZ) Dividend History & Yield
Verizon (VZ) has increased its dividend for 22 consecutive years and currently yields 5.54%. The most recent payment was $0.7075/share on Apr 10, 2026, paid Quarterly.
VZ
Current Yield
5.54%
TTM Dividend/Share
$2.73
Payment Frequency
Quarterly
Payout Ratio
66.9%
Consecutive Growth Years
22
Div Growth (1Y CAGR)
1.87%
Div Growth (5Y CAGR)
1.95%
Div Growth (10Y CAGR)
2.08%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 66.9%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($4.76) covers dividend/share ($2.73).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
22 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Apr 10, 2026
- Payment date
- May 1, 2026
- Dividend
- $0.7075
- Adj. dividend
- $0.7075
- Yield (ex-date)
- 5.60%
Ex-date Jan 12, 2026
- Payment date
- Feb 2, 2026
- Dividend
- $0.6900
- Adj. dividend
- $0.6900
- Yield (ex-date)
- 6.86%
Ex-date Oct 10, 2025
- Payment date
- Nov 3, 2025
- Dividend
- $0.6900
- Adj. dividend
- $0.6900
- Yield (ex-date)
- 6.83%
Ex-date Jul 10, 2025
- Payment date
- Aug 1, 2025
- Dividend
- $0.6775
- Adj. dividend
- $0.6775
- Yield (ex-date)
- 6.45%
Ex-date Apr 10, 2025
- Payment date
- May 1, 2025
- Dividend
- $0.6775
- Adj. dividend
- $0.6775
- Yield (ex-date)
- 6.28%
Ex-date Jan 10, 2025
- Payment date
- Feb 3, 2025
- Dividend
- $0.6775
- Adj. dividend
- $0.6775
- Yield (ex-date)
- 7.10%
Ex-date Oct 10, 2024
- Payment date
- Nov 1, 2024
- Dividend
- $0.6775
- Adj. dividend
- $0.6775
- Yield (ex-date)
- 6.22%
Ex-date Jul 10, 2024
- Payment date
- Aug 1, 2024
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 6.48%
Ex-date Apr 9, 2024
- Payment date
- May 1, 2024
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 6.48%
Ex-date Jan 9, 2024
- Payment date
- Feb 1, 2024
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 6.75%
Ex-date Oct 6, 2023
- Payment date
- Nov 1, 2023
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 8.50%
Ex-date Jul 7, 2023
- Payment date
- Aug 1, 2023
- Dividend
- $0.6525
- Adj. dividend
- $0.6525
- Yield (ex-date)
- 7.27%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Apr 10, 2026 | May 1, 2026 | $0.7075 | $0.7075 | 5.60% |
| Jan 12, 2026 | Feb 2, 2026 | $0.6900 | $0.6900 | 6.86% |
| Oct 10, 2025 | Nov 3, 2025 | $0.6900 | $0.6900 | 6.83% |
| Jul 10, 2025 | Aug 1, 2025 | $0.6775 | $0.6775 | 6.45% |
| Apr 10, 2025 | May 1, 2025 | $0.6775 | $0.6775 | 6.28% |
| Jan 10, 2025 | Feb 3, 2025 | $0.6775 | $0.6775 | 7.10% |
| Oct 10, 2024 | Nov 1, 2024 | $0.6775 | $0.6775 | 6.22% |
| Jul 10, 2024 | Aug 1, 2024 | $0.6650 | $0.6650 | 6.48% |
| Apr 9, 2024 | May 1, 2024 | $0.6650 | $0.6650 | 6.48% |
| Jan 9, 2024 | Feb 1, 2024 | $0.6650 | $0.6650 | 6.75% |
| Oct 6, 2023 | Nov 1, 2023 | $0.6650 | $0.6650 | 8.50% |
| Jul 7, 2023 | Aug 1, 2023 | $0.6525 | $0.6525 | 7.27% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Verizon has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 22 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.7225 | — | — |
| 2025 | $2.6725 | $2.7225 | +1.9% |
| 2024 | $2.6225 | $2.6725 | +1.9% |
| 2023 | $2.5725 | $2.6225 | +1.9% |
| 2022 | $2.5225 | $2.5725 | +2.0% |
| 2021 | $2.4725 | $2.5225 | +2.0% |
| 2020 | $2.4225 | $2.4725 | +2.1% |
| 2019 | $2.3725 | $2.4225 | +2.1% |
| 2018 | $2.3225 | $2.3725 | +2.2% |
| 2017 | $2.2725 | $2.3225 | +2.2% |
| 2016 | $2.2150 | $2.2725 | +2.6% |
| 2015 | $2.1400 | $2.2150 | +3.5% |
| 2014 | $2.0750 | $2.1400 | +3.1% |
| 2013 | $2.0150 | $2.0750 | +3.0% |
| 2012 | $1.9625 | $2.0150 | +2.7% |
| 2011 | $1.8535 | $1.9625 | +5.9% |
| 2010 | $1.7398 | $1.8535 | +6.5% |
| 2009 | $1.6394 | $1.7398 | +6.1% |
| 2008 | $1.5357 | $1.6394 | +6.8% |
| 2007 | $1.4569 | $1.5357 | +5.4% |
| 2006 | $1.4389 | $1.4569 | +1.3% |
| 2005 | $1.3850 | $1.4389 | +3.9% |
| 2004 | $1.3850 | $1.3850 | 0.0% |
| 2003 | $1.3850 | $1.3850 | 0.0% |
| 2002 | $1.3850 | $1.3850 | 0.0% |
| 2001 | $1.4272 | $1.3850 | -3.0% |
| 2000 | $1.3859 | $1.4272 | +3.0% |
| 1999 | $1.3850 | $1.3859 | +0.1% |
| 1998 | $1.3727 | $1.3850 | +0.9% |
| 1997 | $1.2860 | $1.3727 | +6.7% |
| 1996 | $1.2545 | $1.2860 | +2.5% |
| 1995 | $1.2321 | $1.2545 | +1.8% |
| 1994 | $1.2298 | $1.2321 | +0.2% |
| 1993 | $1.1601 | $1.2298 | +6.0% |
| 1992 | $1.1152 | $1.1601 | +4.0% |
| 1991 | $1.0432 | $1.1152 | +6.9% |
| 1990 | $0.7419 | $1.0432 | +40.6% |
| 1989 | $0.9173 | $0.7419 | -19.1% |
| 1988 | $0.8634 | $0.9173 | +6.3% |
| 1987 | $0.8094 | $0.8634 | +6.7% |
| 1986 | $0.5924 | $0.8094 | +36.6% |
| 1985 | $0.7195 | $0.5924 | -17.7% |
| 1984 | — | $0.7195 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Verizon pay dividends?
- Yes, Verizon (VZ) pays quarterly dividends of approximately $2.73 per share annually, yielding 5.54%.
What is Verizon's dividend yield?
- Verizon (VZ) has a current dividend yield of 5.54%.
Is Verizon's dividend safe?
- Verizon (VZ) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Verizon increased its dividend?
- Verizon (VZ) has 22 consecutive years of dividend increases.
What is Verizon's dividend payout ratio?
- Verizon (VZ) has a dividend payout ratio of 66.9%.