VZ Dividend Calculator
Verizon Communications Inc. yields 5.94%, comfortably above the 2.93% median across US dividend payers. That puts VZ in the range where the income is the main reason to hold it, and where the durability of the payment does most of the work in any long-run figure.
VZ paid $2.80 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.
Your investment
VZ
Verizon Communications Inc.
5.94%
yield
Dividend income
$10,000 in VZ pays you
$593.67
per year
- Paid each quarter
- $148.42
- Monthly average
- $49.47
- Shares bought
- 212.4
- Payments a year
- 4
Total over 10 years, taken as cash
$5,936.70
Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.
VZ dividend income by investment amount
Based on the current yield of 5.94%. Figures are before tax and assume the dividend stays at its present level.
| Invested | Per year | Per payment | Monthly average |
|---|---|---|---|
| $1,000 | $59.37 | $14.84 | $4.95 |
| $5,000 | $296.84 | $74.21 | $24.74 |
| $10,000 | $593.67 | $148.42 | $49.47 |
| $25,000 | $1,484.18 | $371.04 | $123.68 |
| $50,000 | $2,968.35 | $742.09 | $247.36 |
| $100,000 | $5,936.70 | $1,484.18 | $494.73 |
VZ with dividends reinvested
$10,000 in VZ, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.
- After 10 years
- $18,027
- After 20 years
- $32,499
- After 30 years
- $58,587
$15,937 taking the income as cash
$21,873 taking the income as cash
$27,810 taking the income as cash
What makes up VZ's 5.94% yield
VZ paid $2.79 per share over the last twelve months against a share price of $47.08, which is where the 5.94% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.
Yields at this level usually have a structural explanation rather than a mispricing: the company is organised to distribute income rather than retain it. Worth checking how VZ's current yield compares with its own history, since a sharp recent rise more often reflects a falling price than a raised payment.
Telecom dividends are funded from cash flows that carry heavy, continuous network capital spending ahead of them. That spending is not discretionary, which is what makes the payout ratio the number to watch in this sector.
When VZ pays, and what that changes
VZ pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.
Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. VZ's full schedule and payment history are on its dividend page.
Is VZ's dividend covered by earnings?
VZ's payout ratio of 0.72 means about 72% of earnings are committed to the dividend. That is within earnings but a narrower margin than the sub-0.60 range generally considered comfortable, so a weaker year absorbs more of the cover.
A low ratio is the norm rather than an achievement in this part of the market: the dividend is a secondary use of cash behind reinvestment and buybacks, so most of what is retained is not being held back against a weak year — it is being spent elsewhere.
These projections hold the dividend flat, which understates VZ if its recent record continues — the payment has increased in each of the last 21 years. Growth is left out rather than estimated because choosing a growth rate, not the arithmetic, is what determines a decade-long projection.
VZ dividend calculator FAQ
- How much does $10,000 in VZ pay in dividends?
- At VZ's current yield of 5.94%, $10,000 pays about $593.67 a year — roughly $148.42 per payment, paid quarterly, or $49.47 a month averaged out.
- What would VZ be worth after 10 years with dividends reinvested?
- Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in VZ would grow to about $18,027 after 10 years, against $15,937 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
- How often does VZ pay dividends?
- VZ pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
- Is VZ's dividend guaranteed?
- No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check VZ's full payment history before relying on any of it.
- Why is VZ's dividend yield so high?
- VZ yields 5.94% against a 2.93% median across US dividend payers. A yield is a ratio, so it rises either because the payment went up or because the share price came down — and the figure alone does not say which. Yields this far above the market among ordinary operating companies are unusual and often reflect what the market expects rather than what has been announced.
- Has VZ increased its dividend every year?
- VZ has raised its dividend in each of the last 21 years on our records, which are derived from split-adjusted payment history and are approximate. The projections above deliberately ignore that growth and hold the payment flat, so a continuation of the record would put the real outcome above the figures shown.
More on VZ
Verizon Communications Inc. is a common stock trading at $47.08 per share, paying quarterly. — All figures before tax. Not financial advice.