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Realtime updates for Verizon Communications [VZ]

Exchange: NYSE Sector: Communication Services Industry: Telecommunications - Services
Upcoming Earnings Alert

2 days till quarter result
(bmo 2024-04-22)

Expected move: +/- 3.16%

Last Updated19 Apr 2024 @ 16:00

0.90% $ 40.49

Live Chart Being Loaded With Signals

Commentary (19 Apr 2024 @ 16:00):

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide...

Stats
Today's Volume 19.44M
Average Volume 19.01M
Market Cap 170.23B
EPS $0 ( 2024-01-23 )
Next earnings date ( $1.120 ) 2024-04-22
Last Dividend $0.665 ( 2023-10-06 )
Next Dividend $0 ( N/A )
P/E 14.72
ATR14 $0.0350 (0.09%)
Insider Trading
Date Person Action Amount type
2024-04-11 Venkatesh Vandana Buy 71 Phantom Stock (unitized)
2024-04-11 Stillwell Mary-lee Buy 41 Phantom Stock (unitized)
2024-04-11 Skiadas Anthony T Buy 132 Phantom Stock (unitized)
2024-04-11 Silliman Craig L. Buy 117 Phantom Stock (unitized)
2024-04-11 Sampath Sowmyanarayan Buy 172 Phantom Stock (unitized)
INSIDER POWER
40.73
Last 100 transactions
Buy: 771 858 | Sell: 325 167

Volume Correlation

Long: -0.31 (neutral)
Short: -0.88 (strong negative)
Signal:(40.909) Neutral

Verizon Communications Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Verizon Communications Correlation - Currency/Commodity

The country flag 0.44
( neutral )
The country flag 0.48
( neutral )
The country flag 0.00
( neutral )
The country flag 0.48
( neutral )
The country flag 0.73
( moderate )
The country flag -0.57
( weak negative )

Verizon Communications Financials

Annual 2023
Revenue: $133.97B
Gross Profit: $61.46B (45.88 %)
EPS: $2.76
Q4 2023
Revenue: $35.13B
Gross Profit: $15.43B (43.93 %)
EPS: $-0.640
Q3 2023
Revenue: $33.34B
Gross Profit: $15.47B (46.40 %)
EPS: $1.130
Q2 2023
Revenue: $32.60B
Gross Profit: $15.47B (47.47 %)
EPS: $1.100

Financial Reports:

No articles found.

Verizon Communications Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.640
(N/A)
$0.653
(N/A)
$0.653
(N/A)
$0.653
(N/A)
$0.653
(N/A)
$0.665
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Verizon Communications Dividend Information - Dividend King

Dividend Sustainability Score: 8.18 - good (81.83%) | Divividend Growth Potential Score: 5.17 - Stable (3.40%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.180 1984-03-26
Last Dividend $0.665 2023-10-06
Next Dividend $0 N/A
Payout Date 2023-11-01
Next Payout Date N/A
# dividends 158 --
Total Paid Out $63.02 --
Avg. Dividend % Per Year 3.57% --
Score 5.93 --
Div. Sustainability Score 8.18
Div.Growth Potential Score 5.17
Div. Directional Score 6.68 --
Next Divdend (Est)
(2024-07-09)
$0.672 Estimate 39.81 %
Dividend Stability
0.80 Good
Dividend Score
5.93
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
1984 $0.720 9.54%
1985 $0.592 6.60%
1986 $0.808 6.80%
1987 $0.864 5.51%
1988 $0.916 6.01%
1989 $0.741 4.72%
1990 $1.042 4.07%
1991 $1.114 4.71%
1992 $1.159 5.31%
1993 $0.894 3.85%
1994 $1.231 4.67%
1995 $1.255 5.54%
1996 $1.287 4.23%
1997 $1.003 3.33%
1998 $1.384 3.38%
1999 $1.385 2.97%
2000 $1.427 2.65%
2001 $1.384 3.06%
2002 $1.384 3.17%
2003 $1.384 3.83%
2004 $1.384 4.37%
2005 $1.438 3.95%
2006 $1.456 5.33%
2007 $1.535 4.35%
2008 $1.638 4.06%
2009 $1.739 5.35%
2010 $1.855 5.94%
2011 $1.964 5.39%
2012 $2.02 5.07%
2013 $2.08 4.69%
2014 $2.14 4.37%
2015 $2.22 4.72%
2016 $2.27 4.96%
2017 $2.32 4.26%
2018 $2.37 4.43%
2019 $2.42 4.33%
2020 $2.47 4.05%
2021 $2.52 4.29%
2022 $2.57 4.91%
2023 $2.62 6.54%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for NYSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
LOMA Dividend Knight 2023-06-30 Quarterly 2 5.23% 8.53
VGI Dividend Royal 2024-02-09 Monthly 13 7.36% 8.50
NCZ Dividend Royal 2024-02-09 Monthly 22 7.79% 8.50
KIO Dividend Royal 2023-12-14 Monthly 12 7.05% 8.50
SBR Dividend Royal 2023-11-14 Monthly 38 7.74% 8.50
SCM Dividend King 2023-12-15 Monthly 13 7.08% 8.50
SJT Dividend Royal 2023-11-29 Monthly 39 12.52% 8.50
ZTR Dividend King 2024-02-09 Monthly 37 8.35% 8.50
SRV Dividend Royal 2023-12-04 Monthly 18 7.53% 8.50
PHK Dividend Royal 2023-11-10 Monthly 22 6.88% 8.50

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.08671.5008.2710.00[0 - 0.5]
returnOnAssetsTTM0.03051.2008.9810.00[0 - 0.3]
returnOnEquityTTM0.1231.5009.7510.00[0.1 - 1]
payoutRatioTTM0.949-1.0000.507-0.507[0 - 1]
currentRatioTTM0.6920.800-1.542-1.233[1 - 3]
quickRatioTTM0.5100.800-1.705-1.364[0.8 - 2.5]
cashRatioTTM0.03881.500-0.896-1.343[0.2 - 2]
debtRatioTTM0.460-1.5002.33-3.50[0 - 0.6]
interestCoverageTTM3.961.0009.649.64[3 - 30]
operatingCashFlowPerShareTTM8.892.007.0410.00[0 - 30]
freeCashFlowPerShareTTM4.442.007.7810.00[0 - 20]
debtEquityRatioTTM1.893-1.5002.43-3.64[0 - 2.5]
grossProfitMarginTTM0.4591.0005.695.69[0.2 - 0.8]
operatingProfitMarginTTM0.2171.0007.667.66[0.1 - 0.6]
cashFlowToDebtRatioTTM0.2141.0009.929.92[0.2 - 2]
assetTurnoverTTM0.3520.800-0.984-0.788[0.5 - 2]
Total Score8.18

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM14.701.0008.620[1 - 100]
returnOnEquityTTM0.1232.509.8410.00[0.1 - 1.5]
freeCashFlowPerShareTTM4.442.008.5210.00[0 - 30]
dividendYielPercentageTTM6.531.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM8.892.007.0410.00[0 - 30]
payoutRatioTTM0.9491.5000.507-0.507[0 - 1]
pegRatioTTM0.1821.500-2.120[0.5 - 2]
operatingCashFlowSalesRatioTTM0.2801.0005.510[0.1 - 0.5]
Total Score5.17

Verizon Communications

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

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