When Will VZ Dividend be Paid?
Max MullenWhen Will VZ Dividend be Paid?
Verizon Communications Inc. (VZ), one of the largest telecommunications companies in the world, is known for itsconsistent dividend payouts. As an investor, it is essential to know when the next dividend payment will be made. In this article, we will discuss the dividend history of Verizon and when the next dividend payment can be expected.
Dividend History of Verizon
Verizon has a long history of paying dividends to its shareholders. The company has increased its dividend payout for 14 consecutive years, making it one of the mostreliable dividend stocksin the market. The company pays its dividend quarterly, and the dividend amount has been increasing steadily over the years.
The last dividend payment made by Verizon was on November 2, 2020, when the company paid a dividend of $0.6275 per share. This dividend was in line with the previous quarter's dividend and represented a 2.5% increase from the previous year's dividend.
When Will the Next Dividend Payment be Made?
Verizon has not yet announced the dates for its next dividend payment. However, based on the company's dividend history, we can expect the next dividend payment to be made in February 2021.
Investment Opportunity
Investing in Verizon is a great opportunity for investors looking for a stable and reliable dividend stock. The company's consistent dividend payouts and its long history of increasing dividends make it an attractive investment option.
Investors can also consider reinvesting their dividends through Verizon'sdividend reinvestment plan(DRIP) to maximize their returns. With DRIP, investors can reinvest their dividends in additional shares of the company, which can lead to significant long-term gains.
Conclusion
Verizon is a reliable dividend stock that has a long history of paying consistent dividends to its shareholders. As an investor, it is important to keep track of the company's dividend payments and take advantage of the investment opportunity it presents. With its DRIP program and consistent dividend payouts, Verizon is an attractive option for investors looking for a stable and reliable investment.
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