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Verizon Communications 3-Year Dividend Growth Rate

: 2.10% (As of Jun. 2022)
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Verizon Communications's Dividends per Share for the three months ended in Jun. 2022 was $0.64.

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

VZ' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.3   Med: 3   Max: 68.7
Current: 2.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Verizon Communications was 68.70% per year. The lowest was 0.30% per year. And the median was 3.00% per year.

VZ's 3-Year Dividend Growth Rate is ranked better than
51.89% of 185 companies
in the Telecommunication Services industry
Industry Median: 0.40 vs VZ: 2.10

During the past 12 months, Verizon Communications's average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.50% 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 Jun. 2022 was 0.52. As of today, Verizon Communications's Dividend Yield % is 5.68%.

Good Sign:

Verizon Communications Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison

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 3-Year Dividend Growth Rate Distribution

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  (NYSE: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 Jun. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2022 )/ EPS without NRI (Q: Jun. 2022 )
=0.64/ 1.24
=0.52

During the past 13 years, the highest Dividend Payout Ratio of Verizon Communications was 6.55. The lowest was 0.32. And the median was 0.55.

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 0.6402022-07-072022-07-082022-08-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6402022-04-072022-04-082022-05-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.6402022-01-072022-01-102022-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6402021-10-072021-10-082021-11-01Cash DividendquarterlyUSD: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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.56/45.15
=5.67 %

Current Share Price is $45.15.
Verizon Communications's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.56.

During the past 13 years, the highest Dividend Yield of Verizon Communications was 5.76%. The lowest was 3.81%. And the median was 4.46%.

Good Sign:

Verizon Communications Inc stock dividend yield is close to 10-year high.

* 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

Verizon Communications logo
Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Verizon is now primarily a wireless business (more than 70% of revenue and nearly all operating income). It serves about 91 million postpaid and 4 million prepaid phone customers and connects another 25 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. The firm has agreed to acquire Tracfone, a wireless reseller that serves about 20 million prepaid customers in the U.S., from America Movil. Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%). Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.
Executives
Brouillette Manon officer: EVP and Group CEO-VZ Consumer 40 AVENUE SPRINGGROVE MONTREAL Z4 H3C 4M8
Hammock Samantha officer: EVP & Chief HR Officer 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036
Tome Carol B director 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328
Narasimhan Laxman director PEPSICO, INC., 700 ANDERSON HILL ROAD PURCHASE NY 10577
Slater Rodney E director
Bertolini Mark T director AETNA INC. 151 FARMINGTON AVENUE HARTFORD CT 06156
Otis Clarence Jr director 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036
Archambeau Shellye L director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR NEW YORK NY 10036
Austin Roxanne S director 200 N SEPULVEDA BLVD PO BOX 956 MS ES/001/A102 EL SEGUNDO CA 90245
Healey Melanie director VERIZON COMMUNICATIONS INC. 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036
Weaver Gregory G. director 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036
Schulman Daniel H director C/O PAYPAL HOLDINGS, INC. 2211 NORTH FIRST STREET SAN JOSE CA 95131
Qureshi Rima officer: EVP & Chief Strategy Officer 2000 PURCHASE STREET PURCHASE NY 10577
Gowrappan Kumara Guru officer: EVP and Group CEO-VZ Media 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036
Dunne Ronan officer: EVP and Group CEO-VZ Consumer 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036

Verizon Communications Headlines

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