Verizon (VZ) Secures Dividend with 6% Yield for 20 Years

Verizon Communications Inc. (NYSE: VZ) has raised its quarterly dividend to $0.7075 per share, totaling an annual payout of $2.83, providing a yield of approximately 5.9%. The company has increased its dividend for 20 consecutive years, highlighting its consistent return of cash to shareholders. In 2025, Verizon generated $20.1 billion in free cash flow, with expectations of a further 9%-10% increase in 2026. This steady cash flow supports the dividend and indicates stability for income-focused investors.