T vs VZ
AT&T Inc. compared with Verizon Communications Inc. on yield, payout growth, payment schedule, cost and risk.
Quick take
- VZ yields more today: 5.62% vs 4.34% (forward).
- VZ has grown its payout faster: 2.2%/yr vs -11.8%/yr over the last 5 years.
- Both pay every quarter.
- VZ has the longer streak of annual increases: 19 years vs 0.
- Over the last year VZ delivered the higher total return: +20.3% vs -8.8% (price change plus payouts).
- VZ raises fewer payout-risk flags on our heuristic (low vs low).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | T | VZ |
|---|---|---|
| Share price | $25.60 | $50.41 |
| TTM yield | 4.34% | 5.55% |
| Forward yield | 4.34% | 5.62% |
| Annual payout per share | $1.112 | $2.832 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Oct 9, 2026 (est.) | Oct 9, 2026 (est.) |
| Payout ratio (earnings) | 37% | 73% |
| 1-year payout growth | +0.0% | +3.1% |
| 5-year payout CAGR | -11.8% | +2.2% |
| Consecutive years of increases | 0 years | 19 years |
| Payout consistency (last 12) | 100/100 | 98/100 |
| 1-year total return | -8.8% | +20.3% |
| 1-year price return | -12.6% | +14.0% |
| Size (market cap / AUM) | 175.4B | 209.4B |
| Years paying | 42.5 | 42.5 |
| Payout risk (heuristic) | Low | Low |
| Sector / category | Communication Services | Communication Services |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| T | VZ | |
|---|---|---|
| Shares | 390.6 | 198.4 |
| Income per year | $434 | $562 |
| Income per month (avg) | $36 | $47 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| T Oct 9, 2026 | Oct 23, 2026 | $0.278 | Est. |
| T Jan 8, 2027 | Jan 22, 2027 | $0.278 | Est. |
| T Apr 9, 2027 | Apr 23, 2027 | $0.278 | Est. |
| VZ Oct 9, 2026 | Oct 23, 2026 | $0.708 | Est. |
| VZ Jan 8, 2027 | Jan 22, 2027 | $0.708 | Est. |
| VZ Apr 9, 2027 | Apr 23, 2027 | $0.708 | Est. |
Annual payouts per share
TVZ
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, T or VZ?
VZ currently has the higher trailing yield: T yields 4.34% and VZ yields 5.55%. Yield changes daily with price, so check the live figures above.
How often do T and VZ pay?
T pays every quarter and VZ pays every quarter. T's next ex-date is Oct 9, 2026 and VZ's is Oct 9, 2026.
Which has grown its dividend faster, T or VZ?
VZ has grown its payout faster: 2.2%/yr vs -11.8%/yr over the last 5 years.
Is T or VZ better for income?
It depends on what you are optimising for. T and VZ differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.