Verizon Communications Inc. ( VZ ) will begin trading ex-dividend on October 09, 2018. A cash dividend payment of $0.603 per share is scheduled to be paid on November 01, 2018. Shareholders who purchased VZ prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.2% increase over prior dividend payment. At the current stock price of $54.94, the dividend yield is 4.39%.
The previous trading day's last sale of VZ was $54.94, representing a -0.87% decrease from the 52 week high of $55.42 and a 24.96% increase over the 52 week low of $43.97.
VZ is a part of the Public Utilities sector, which includes companies such as AT&T Inc. ( T ) and China Mobile (Hong Kong) Ltd. ( CHL ). VZ's current earnings per share, an indicator of a company's profitability, is $7.56. Zacks Investment Research reports VZ's forecasted earnings growth in 2018 as 24.53%, compared to an industry average of 22.2%.
Interested in gaining exposure to VZ through an Exchange Traded Fund [ETF]?
The following ETF(s) have VZ as a top-10 holding:
- First Trust Exchange-Traded Fund III First Trust Horizon Manag ( HUSV )
- Fidelity High Dividend ETF ( FDVV )
- iShares Russell 1000 Pure U.S. Revenue ETF ( AMCA )
- NuShares Enhanced Yield US Aggregate Bond ETF ( NULV )
- SPDR Series Trust SPDR Portfolio S&P 500 Value ETF ( SPYV ).
The top-performing ETF of this group is AMCA with an increase of 9.22% over the last 100 days. HUSV has the highest percent weighting of VZ at 3000%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.