VERIZON COMMUNICATIONS INC (VZ) closed fiscal year 2025 with 4.22 B shares outstanding and a dividend of 2.74 USD per share.
VERIZON COMMUNICATIONS INC (VZ) closed fiscal year 2025 with 4.22 B shares outstanding and a dividend of 2.74 USD per share. Over the year the share count rose by 7.50 M shares on a net basis, typically through stock-based compensation and options. Since 2008 the share count has grown by 38.8 %. The dividend per share was 2.74 USD, up 1.9 % year on year. Total dividends paid came to 11.5 B USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 3.04B | 2.97B | 2.97B | 2.97B | 2.97B | 2.87B | 4.24B | 4.24B | 4.08B | 4.08B | 4.13B | 4.14B | 4.14B | 4.20B | 4.20B | 4.20B | 4.21B | 4.22B |
| Shares issued — SBC/options | 136M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1,368M | 0.00M | 0.00M | 2.79M | 52.6M | 3.79M | 2.30M | 59.7M | 2.06M | 4.40M | 5.42M | 7.50M |
| Shares issued (%) | 4.47 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 32.25 % | 0.00 % | 0.00 % | 0.07 % | 1.27 % | 0.09 % | 0.06 % | 1.42 % | 0.05 % | 0.10 % | 0.13 % | 0.18 % |
| Shares repurchased | 0.00M | -70.1M | 0.00M | 0.00M | 0.00M | -93.6M | 0.00M | 0.00M | -166M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Shares repurchased (%) | 0.00 % | -2.36 % | 0.00 % | 0.00 % | 0.00 % | -3.26 % | 0.00 % | 0.00 % | -4.06 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Net addition/reduction | 136M | -70.1M | 0.00M | 0.00M | 0.00M | -93.6M | 1,368M | 0.00M | -166M | 2.79M | 52.6M | 3.79M | 2.30M | 59.7M | 2.06M | 4.40M | 5.42M | 7.50M |
| Net addition/reduction (%) | 4.47 % | -2.36 % | 0.00 % | 0.00 % | 0.00 % | -3.26 % | 32.25 % | 0.00 % | -4.06 % | 0.07 % | 1.27 % | 0.09 % | 0.06 % | 1.42 % | 0.05 % | 0.10 % | 0.13 % | 0.18 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 1.78 | 1.87 | 1.93 | 1.98 | 2.03 | 2.09 | 2.16 | 2.23 | 2.29 | 2.34 | 2.39 | 2.44 | 2.49 | 2.54 | 2.59 | 2.64 | 2.69 | 2.74 |
| Payout Ratio (%) | — | 107.70 % | 212.32 % | 231.07 % | 597.71 % | 51.63 % | 81.07 % | 47.75 % | 70.56 % | 31.47 % | 62.93 % | 51.99 % | 57.48 % | 47.34 % | 50.83 % | 94.93 % | 64.26 % | 66.85 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 4.99B | 5.27B | 5.41B | 5.56B | 5.23B | 5.94B | 7.80B | 8.54B | 9.26B | 9.47B | 9.77B | 10.0B | 10.2B | 10.4B | 10.8B | 11.0B | 11.2B | 11.5B |
| Dividend Yield (%) | 5.72 % | 5.95 % | 5.40 % | 4.97 % | 4.73 % | 4.25 % | 4.51 % | 4.77 % | 4.28 % | 4.37 % | 4.32 % | 3.96 % | 4.21 % | 4.81 % | 6.66 % | 7.03 % | 6.73 % | 6.76 % |
Figures in USD
