Verizon Communications Inc. (NYSE:VZ) Declares Quarterly Dividend of $0.71

Key Points

• Verizon declared a quarterly dividend of $0.7075 per share, unchanged from the previous quarter. The annualized payout is $2.83 per share, representing an approximately 5.7% yield, with payment scheduled for November 2 to shareholders of record on October 9.
• Verizon reported quarterly earnings of $1.30 per share, exceeding analysts’ $1.27 estimate, while revenue of $34.25 billion declined 0.7% year over year. The company’s dividend remains supported by earnings, with a payout ratio of about 58.6%.
• The company signed a multiyear agreement with Corning for more than 80 million miles of optical fiber through 2032, supporting broadband expansion and AI data-center connectivity; deliveries are expected to begin in 2027.

Verizon Communications Inc. (NYSE:VZ - Get Free Report) announced a quarterly dividend on Wednesday, September 9th. Stockholders of record on Friday, October 9th will be given a dividend of 0.7075 per share by the cell phone carrier on Monday, November 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, October 9th.

Verizon Communications has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 20 consecutive years. Verizon Communications has a dividend payout ratio of 58.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Verizon Communications to earn $5.29 per share next year, which means the company should continue to be able to cover its $2.83 annual dividend with an expected future payout ratio of 53.5%.

Verizon Communications Stock Performance

Shares of VZ stock opened at $49.70 on Thursday. The firm's 50 day moving average price is $46.76 and its 200-day moving average price is $47.51. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.57 and a current ratio of 0.60. Verizon Communications has a one year low of $38.39 and a one year high of $51.68. The firm has a market cap of $206.48 billion, a P/E ratio of 12.94, a P/E/G ratio of 1.71 and a beta of 0.26.

Verizon Communications (NYSE:VZ - Get Free Report) last posted its quarterly earnings data on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.03. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The firm had revenue of $34.25 billion during the quarter, compared to analysts' expectations of $35.16 billion. During the same quarter last year, the company posted $1.22 EPS. The firm's quarterly revenue was down .7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. As a group, equities research analysts predict that Verizon Communications will post 5.03 EPS for the current year.

Key Verizon Communications News

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Verizon signed a multiyear agreement to secure more than 80 million miles of high-density optical fiber from Corning through 2032. The deal supports expansion toward 40 million–50 million broadband passings, fiber-and-wireless bundling, and higher-capacity connections for AI data centers. Deliveries are expected to begin in 2027. Verizon signs optical fiber deal with Corning to expand broadband, support AI growth
• Positive Sentiment: CEO Dan Schulman said Verizon has seen “zero discernible impact” on broadband growth from low-Earth-orbit providers such as Starlink. The comments ease concerns that satellite broadband could quickly weaken Verizon’s fixed-line opportunity. Verizon Waves Off Starlink, Bets On Cities And Old Phone Buildings
• Neutral Sentiment: Verizon declared a quarterly dividend of $0.7075 per share, unchanged from the previous quarter. The $2.83 annualized payout and approximately 5.7% yield support the stock’s income appeal, but the unchanged distribution offers no new dividend-growth catalyst. Verizon declares quarterly dividend on September 9, 2026
• Neutral Sentiment: CEO Kyle Malady sold 1,100 shares for $54,978 under a pre-arranged Rule 10b5-1 trading plan. The sale represents only about 1% of his direct holdings, limiting its significance, although repeated planned sales may create modest investor caution.
• Negative Sentiment: The broader market’s shift away from defensive stocks is weighing on Verizon as investors favor faster-growing technology and AI names. The stock’s proximity to its 52-week high may also encourage profit-taking, while the fiber investment is unlikely to contribute materially to operating results before 2027. Shift Away from Defensive Plays Hits Verizon Communications

About Verizon Communications

Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and related technology services. Its offerings include mobile voice and data plans, 5G connectivity, fixed wireless access, fiber-optic internet through Verizon Fios, home services, and connected-device solutions.

Through Verizon Business, the company serves enterprises, government agencies, and other organizations with communications networks, managed connectivity, cybersecurity, cloud and edge-computing services, unified communications, and Internet of Things solutions.

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