Credit: Verizon Communications Inc. ( VZ ) will begin trading ex-dividend on October 06, 2017. A cash dividend payment of $0.59 per share is scheduled to be paid on November 01, 2017. Shareholders who purchased VZ prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.25% increase over prior dividend payment. At the current stock price of $49.9, the dividend yield is 4.73%.
The previous trading day's last sale of VZ was $49.9, representing a -8.99% decrease from the 52 week high of $54.83 and a 16.59% increase over the 52 week low of $42.80.
VZ is a part of the Public Utilities sector, which includes companies such as AT&T Inc. ( T ) and China Mobile (Hong Kong) Ltd. ( CHL ). VZ's current earnings per share, an indicator of a company's profitability, is $3.9. Zacks Investment Research reports VZ's forecasted earnings growth in 2017 as -1.91%, compared to an industry average of 7%.
For more information on the declaration, record and payment dates, visit the VZ Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to VZ through an Exchange Traded Fund [ETF]?
The following ETF(s) have VZ as a top-10 holding:
- iShares Core High Dividend ETF ( HDV )
- iShares Morningstar Large-Cap Value ETF ( JKF )
- SPDR Select Sector Fund - Technology ( XLK )
- iShares Global Telecom ETF ( IXP )
- iShares U.S. Telecommunications ETF ( IYZ ).
The top-performing ETF of this group is XLK with an increase of 6.71% over the last 100 days. HDV has the highest percent weighting of VZ at 6.42%.
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.
