When is Verizon's Next Dividend Payment?

When is Verizon's Next Dividend Payment?

Verizon Communications Inc., a telecommunications company, has a long history of paying dividends to its shareholders. The company is known for its consistent and reliable dividend payments, which makes it an attractive investment option for income-seeking investors. In this article, we will discuss when Verizon's next dividend payment is due and provide some insights into the company'sdividend historyand investment potential.

Verizon's Dividend History

Verizon has a long history of paying dividends to its shareholders. The company has been paying dividends since 1984 and has increased its dividend payout every year for the past 14 years. Verizon's current dividend yield is around 4.3%, which is higher than the average dividend yield of the S&P 500 index.

Verizon's Next Dividend Payment

Verizon's next dividend payment is due on February 1, 2022. The company pays dividends on a quarterly basis, and the upcoming dividend payment will be the first one for the year 2022. The dividend payment for the fourth quarter of 2021 was $0.64 per share, which was paid on November 1, 2021. The dividend payment for the first quarter of 2022 is expected to be of a similar amount.

Investing in Verizon

Investing in Verizon can be a good option for income-seeking investors. The company has a strong track record of paying dividends and has a large customer base in the United States. However, it is important to note that thetelecommunications industryis highly competitive, and Verizon faces significant challenges from its competitors. The company is also heavily invested in the 5G network, which could result in higher capital expenditures in the future.

Investors should also consider Verizon's valuation before investing. The company's current P/E ratio is around 11, which is lower than the industry average. However, Verizon's stock price has been relatively flat over the past few years, which could be a concern for growth-seeking investors.

Conclusion

Verizon is a reliable dividend-paying company that could be a good option for income-seeking investors. The company's next dividend payment is due on February 1, 2022, and it has a strong track record of increasing its dividend payout every year. However, investors should also consider the challenges that Verizon faces in the highly competitive telecommunications industry and its future growth potential before investing.