VZ dividend yield: 6.62%. VYM dividend yield: 2.91%. 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. VYM tracks the FTSE High Dividend Yield Index, holding ~450 large-cap US companies with above-average dividend yields. With an ultra-low 0.06% expense ratio, it's one of the cheapest dividend ETFs available. Excellent core holding for long-term dividend growth investors seeking broad diversification and reliable income.
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.
VYM tracks the FTSE High Dividend Yield Index, holding ~450 large-cap US companies with above-average dividend yields. With an ultra-low 0.06% expense ratio, it's one of the cheapest dividend ETFs available. Excellent core holding for long-term dividend growth investors seeking broad diversification and reliable income.
VZ currently offers a 6.62% yield (2.66/share/year) while VYM offers 2.91% (3.44/share/year). VZ provides higher current income. However, VYM has grown its dividend faster (7.8% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in VZ vs VYM earn per year?
With $10,000 invested today: VZ pays approximately $662/year. VYM pays approximately $291/year. With DRIP reinvestment over 10 years, these grow to $1,768/year (VZ) and $785/year (VYM).
Does VZ or VYM pay monthly dividends?
VZ pays quarterly dividends. VYM pays quarterly dividends. Neither pay monthly — both use a quarterly schedule, which is preferred by investors who need regular cash flow.
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