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Verizon Communications (MEX:VZ) 3-Year Dividend Growth Rate : 2.00% (As of Sep. 2024)


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What is Verizon Communications 3-Year Dividend Growth Rate?

Verizon Communications's Dividends per Share for the three months ended in Sep. 2024 was MXN13.34.

The historical rank and industry rank for Verizon Communications's 3-Year Dividend Growth Rate or its related term are showing as below:

MEX:VZ' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.3   Med: 2.9   Max: 68.6
Current: 2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Verizon Communications was 68.60% per year. The lowest was 0.30% per year. And the median was 2.90% per year.

MEX:VZ's 3-Year Dividend Growth Rate is ranked worse than
68.06% of 144 companies
in the Telecommunication Services industry
Industry Median: 6.9 vs MEX:VZ: 2.00

During the past 12 months, Verizon Communications's average Dividends Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Verizon Communications's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.57. As of today, Verizon Communications's Dividend Yield % is 5.69%.

Warning Sign:

Verizon Communications Inc stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Verizon Communications's 3-Year Dividend Growth Rate

For the Telecom Services subindustry, Verizon Communications's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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's 3-Year Dividend Growth Rate Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Verizon Communications's 3-Year Dividend Growth Rate falls into.



Verizon Communications 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Verizon Communications  (MEX:VZ) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Verizon Communications's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=13.34/ 23.431
=0.57

During the past 13 years, the highest Dividend Payout Ratio of Verizon Communications was 0.68. The lowest was 0.30. And the median was 0.51.

2. 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 0.6775002024-10-102024-10-102024-11-01Cash DividendquarterlyUSD:MXN 19.718300
USD 0.6650002024-07-102024-07-102024-08-01Cash DividendquarterlyUSD:MXN 18.100200
USD 0.6650002024-04-092024-04-102024-05-01Cash DividendquarterlyUSD:MXN 16.800800
USD 0.6650002024-01-092024-01-102024-02-01Cash DividendquarterlyUSD:MXN 17.093200

* 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.

Verizon Communications's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=47.93529125/858.01
=5.59 %

Current Share Price is MXN858.01.
Verizon Communications's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN47.93529125.

During the past 13 years, the highest Dividend Yield of Verizon Communications was 8.56%. The lowest was 3.91%. And the median was 4.63%.

Warning Sign:

Verizon Communications Inc stock dividend yield is close to 2-year low.

* 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.


Verizon Communications 3-Year Dividend Growth Rate Related Terms>


Verizon Communications Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 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, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.