VZ Ex-Dividend Date & Dividend Calculator

Verizon Communications Inc. (VZ) is a high-yield quarterly name at a dividend yield of 5.6%. A stable business base and free cash flow (FCF) are what sustain a high payout, and an excessively high payout ratio carries dividend-cut risk.

When investing in high-yield names, check dividend safety (a dividend safety score) and the last 5 years of payment history, not just the headline yield. See the complete dividend-types guide and DCA vs. lump-sum investing.

Product structure — VZ, a large US telecommunications carrier, sits in the high-yield category. It's classified as an individual high-yield name — unlike an ETF, its board decides and announces the dividend amount each quarter directly.

Payout mechanics — Paid quarterly, with a current yield of 5.6% (as of 2026.09.06). Per-payment amounts has stayed very stable payment to payment (variability score 0.02). VZ currently sits below the threshold used to classify a name as variable-dividend. The per-payment amount is about $0.7080, paid roughly 4 times a year. This figure is recalculated every period, so it isn't guaranteed to hold going forward — it's a reference point based on past payment history. When making decisions about VZ, it's safer to treat the $0.7080 figure above as one reference among several rather than the sole basis.

Risk to watch — Behind a high yield there's frequently a payout-ratio or industry-structure reason — don't judge on the number alone. Per official disclosure, the next ex-dividend date is 2026-07-10 — the prior day's close is the holding cutoff. See the complete dividend-types guide and the high-yield ETF tax guide, then check the 5-year simulator. When making decisions about VZ, it's safer to treat the $0.7080 figure above as one reference among several rather than the sole basis.

Summary — Verizon Communications Inc. pays $0.7080 per quarterly period. At 4 payments a year that annualizes to roughly $2.83, a simple projection that assumes no change to the current payment. On the stability side, VZ currently sits below the threshold used to classify a name as variable-dividend. It's also worth factoring in that payments has stayed very stable payment to payment (variability score 0.02) period to period. Every figure on this page is a snapshot as of now and may change at the next refresh. VZ holders should watch which direction the $0.7080 per-payment figure moves over time — a trend across several payments matters more than any single number.