Verizon CommunicationsVZ +0.85%64 Forward Dividend Yield % is 6.12% as of Jun. 25, 2026. GuruFocus rates VZ with a GF Score™ of 64/100 and a GF Value™ of $42.49 (Fairly Valued). The stock has 3 warning signs investors should review. Among 224 Telecommunication Services companies, Verizon Communications ranks better than 77.68% on this metric.
As of today (2026-06-25), the Forward Annual Dividend Yield of Verizon Communications is 6.12%.
As of today (2026-06-25), the Trailing Annual Dividend Yield of Verizon Communications is 5.97%.
VZ's Forward Dividend Yield % is ranked better than 77.68% of 224
companies
in the Telecommunication Services industry
Industry Median: 4.165
vs VZ: 6.12
During the past 12 months, Verizon Communications's average Dividends Per Share Growth Rate was 2.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 2.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Verizon Communications was 7.30% per year. The lowest was 0.00% per year. And the median was 2.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Verizon Communications Forward Dividend Yield % Related Terms
VZ vs TMUS, T, CMCSA: Forward Dividend Yield % Comparison
For the Telecom Services subindustry, Verizon Communications's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Verizon Communications Forward Dividend Yield % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Verizon Communications's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Verizon Communications Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.707500
2026-04-10
2026-04-10
2026-05-01
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.690000
2026-01-12
2026-01-12
2026-02-02
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.690000
2025-10-10
2025-10-10
2025-11-03
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.677500
2025-07-10
2025-07-10
2025-08-01
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 6.12% mean?
Verizon Communications (VZ) has a Forward Dividend Yield % of 6.12% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Verizon Communications and its competitors. According to the industry distribution chart, Verizon Communications ranks #50 out of 224 companies in the Telecommunication Services industry, placing it in the top 22.3%.
Is Verizon Communications' Forward Dividend Yield % too high?
Verizon Communications' current Forward Dividend Yield % is 6.12%. The Telecommunication Services industry median Forward Dividend Yield % is 4.17. Verizon Communications' value of 6.12% is 46.9% above this industry median. Based on the distribution chart, Verizon Communications ranks #50 out of 224 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Verizon Communications has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Verizon Communications' Forward Dividend Yield % compare to TMUS and T?
According to the Telecommunication Services industry distribution chart, Verizon Communications ranks #50 out of 224 companies for Forward Dividend Yield %. This places Verizon Communications in the top 22% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 4.17. Verizon Communications' value of 6.12% is 46.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Telecommunication Services company?
The median Forward Dividend Yield % among Telecommunication Services companies is 4.17, based on 224 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Verizon Communications's current Forward Dividend Yield % of 6.12% is 46.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Verizon Communications and its competitors. For the Telecommunication Services industry, the median Forward Dividend Yield % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verizon Communications's current Forward Dividend Yield % is 6.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verizon Communications stock overvalued right now?
Based on GuruFocus' analysis, Verizon Communications (VZ) is currently considered Fairly Valued. The stock's GF Value™ is $42.49, compared to a current price of $46.07 — trading 8.4% above its estimated fair value. The current Forward Dividend Yield % is 6.12% and 46.9% above the Telecommunication Services industry median of 4.17. Verizon Communications' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Verizon Communications (VZ), the current Forward Dividend Yield % is 6.12% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Verizon Communications (VZ) Overvalued in 2026?
Based on GuruFocus' analysis, Verizon Communications stock appears to be overvalued.
The current stock price of $46.07 is trading 8.4% above its estimated GF Value™ of $42.49.
GuruFocus considers Verizon Communications to be Fairly Valued.
Key valuation signals for VZ:
Forward Dividend Yield %: 6.12%
GF Value™: $42.49 vs. price of $46.07 (8.4% above fair value)
Industry Position: 46.9% above the Telecommunication Services median (#50 of 224)
No single metric tells the full story. See the VZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wireless services account for 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 94 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast that reach about 30 million homes and businesses, including about 20 million served by the Fios fiber-optic network. Verizon closed its acquisition of Frontier Communications in January, adding networks that reach another 15 million locations, including 9 million with fiber. These networks serve about 11 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, using a mix of its own and other networks.
64GF Score
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