About Verizon Communications (VZ) — Dividend Analysis 2026
Verizon is America's largest wireless carrier by subscribers. The company offers a high current yield with modest dividend growth. Verizon's 5G network rollout and fiber expansion position it for steady cash flows. A defensive income stock with 19+ consecutive years of dividend increases.
Is VZ a good dividend investment in 2026?
VZ offers a 6.62% forward yield with a 57% payout ratio. With a safety score of 90/100, the dividend appears very safe. The 5-year dividend CAGR of 2% is modest — investors should weigh current income against growth alternatives.
VZ DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your VZ portfolio grows to $16.2K vs $14.0K without reinvestment — a DRIP bonus of $2.2K. This is the compound interest effect in action.
VZ dividend growth history & forecast
VZ has grown its dividend by 1.9% over the last year and 2% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 6.62% — illustrating why dividend growth stocks are powerful long-term wealth builders.
Affiliate links — we may earn a commission at no cost to you. Not financial advice.
🌍 VZ Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold VZ.
Gross yield
6.62%
Tax rate
15.00%
After-tax yield
5.63%
Real yield (−CPI)
2.83%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
6.62%
3.82%
$662 / yr
🇺🇸 US Taxable (15%) ✓
15%
5.63%
2.83%
$563 / yr
🇺🇸 US Taxable (20%)
20%
5.30%
2.50%
$530 / yr
🇬🇧 UK ISA
0%
6.62%
3.82%
$662 / yr
🇬🇧 UK Taxable
8.75%
6.04%
3.24%
$604 / yr
🇨🇦 TFSA
0%
6.62%
3.82%
$662 / yr
🇨🇦 CA Taxable
25%
4.96%
2.17%
$497 / yr
🇦🇺 Super (pension)
15%
5.63%
2.83%
$563 / yr
🇦🇺 AU Taxable
30%
4.63%
1.83%
$463 / yr
🇩🇪 DE Taxable
26.375%
4.87%
2.07%
$487 / yr
🇫🇷 FR Taxable
30%
4.63%
1.83%
$463 / yr
Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 VZ Income Goal & Break-Even
Dividend Break-Even
16yr
Years for dividends to repay your full VZ investment price of $40.20/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$8.9K
Lost to inflation (~2.8% CPI)
−$2.5K
Real purchasing power gain
$6.4K
How much do I need to invest in VZ for:
Shares needed
10,615
Capital required
$426,723
Monthly income
$2,000
Based on current dividend of $2.66/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 VZ Dividend Payment Schedule
VZ pays quarterly — 4 times per year. Next ex-div: Jan 9, 2026.
Jan
💰
Feb
Mar
Apr
💰
May
Jun
Jul
💰
Aug
Sep
Oct
💰
Nov
Dec
10 shares
$5.65 / payment
$22.61 / year after tax
100 shares
$56.52 / payment
$226.10 / year after tax
1,000 shares
$565.25 / payment
$2261.00 / year after tax
📊 VZ vs Telecom Sector Benchmarks
How VZ compares to typical Telecom sector averages.
Dividend YieldVZ: +6.62% vs sector avg 3.00% ✓ Better
Payout RatioVZ: 57.00% vs sector avg 58.00% ✓ Better
VZ━━ Telecom avg: 58.00%
⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.