Verizon dividend yield breaks 7% as VZ slides — what $1,000 a year in payouts now takes
Verizon’s dividend yield topped 7% Tuesday as shares hit $38.90, then rose 1.6% to $39.65 by Wednesday afternoon. The company will pay its next $0.69 per share dividend on Feb. 2, after the Jan. 12 ex-dividend date. AT&T and T-Mobile shares also gained. Verizon’s stock has fallen 30% over five years, while the S&P 500 climbed 82%.