When is VZ's Ex-Dividend Date?

When is VZ's Ex-Dividend Date?

As an investor, it is important to stay informed about the ex-dividend date of a stock, especially if you are looking to receive a dividend payout. Verizon Communications Inc. (VZ), a telecommunications company listed on the New York Stock Exchange (NYSE), is one such stock that pays dividends. In this article, we will discuss when VZ's ex-dividend date is and what it means for investors.

What is an ex-dividend date?

Before we dive into VZ's ex-dividend date, let's first understand what it means. The ex-dividend date is the date on or after which a stock trades without its dividend. In other words, if you buy the stock before the ex-dividend date, you are entitled to receive the dividend payout. If you buy the stock on or after the ex-dividend date, you will not receive the dividend payout.

When is VZ's ex-dividend date?

VZ's ex-dividend date varies from quarter to quarter. However, the company typically announces its ex-dividend date a few weeks before the record date, which is the date on which the company determines the shareholders who are eligible to receive the dividend. For example, in the first quarter of 2021, VZ's ex-dividend date was February 4th, while the record date was February 5th.

What is thedividend yieldfor VZ?

Apart from knowing the ex-dividend date, it is also important to consider the dividend yield of a stock. The dividend yield is the annual dividend payout divided by the stock price. As of June 2021, VZ's dividend yield was around 4.4%, which is higher than the average dividend yield of stocks in the S&P 500 index.

Should you invest in VZ?

Investing in VZ depends on your investment goals, risk tolerance, and financial situation. If you are looking for a stable and reliable source of income, VZ's dividend payout may be attractive. However, it is important to note that past performance is not indicative of future results, and VZ's stock price may be subject to fluctuations based on market conditions and company performance.

Final thoughts

In conclusion, VZ's ex-dividend date varies from quarter to quarter, and investors should stay informed about the ex-dividend date and dividend yield before making investment decisions. As with any investment, it is important to do your own research, consult with a financial advisor, and make informed decisions based on your individual circumstances.