Credit: Shutterstock photoVerizon Communications Inc. ( VZ ) will begin trading ex-dividend on July 08, 2013. A cash dividend payment of $0.515 per share is scheduled to be paid on August 01, 2013. Shareholders who purchased VZ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that VZ has paid the same dividend. At the current stock price of $51.01, the dividend yield is 4.04%.
The previous trading day's last sale of VZ was $51.01, representing a -6.08% decrease from the 52 week high of $54.31 and a 25.92% increase over the 52 week low of $40.51.
VZ is a part of the Public Utilities sector, which includes companies such as China Mobile (Hong Kong) Ltd. ( CHL ) and AT&T Inc. ( T ). VZ's current earnings per share, an indicator of a company's profitability, is $.4. Zacks Investment Research reports VZ's forecasted earnings growth in 2013 as 24.22%, compared to an industry average of 6.3%.
For more information on the declaration, record and payment dates, visit the VZ Dividend History page.
Interested in gaining exposure to VZ through an Exchange Traded Fund [ETF]?
The following ETF(s) have VZ as a top-10 holding:
- iShares Dow Jones U.S. Telecommunications Index Fund ( IYZ )
- First Trust Morningstar Dividend Leaders Index Fund ( FDL )
- iShares High Dividend ETF ( HDV )
- Vanguard Telecommunication Services ETF ( VOX )
- iShares S&P Global Telecommunications Index Fund ( IXP ).
The top-performing ETF of this group is VOX with an increase of 9.19% over the last 100 days. IYZ has the highest percent weighting of VZ at 9.45%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
