Verizon’s dividend yield
A dividend yield is a measure of a company’s annual dividend per share relative to its price per share. It indicates how much cash an investor is getting for every dollar invested in a company’s equity. Verizon’s dividend yield was ~4.75% on April 10, 2017, lower than the same metric for AT&T at ~4.83%.
In 4Q16, Verizon declared a quarterly dividend of $0.58 per share, a rise of 2.2% over 4Q15. Verizon paid total dividends of $9.3 billion in 2016. The company used almost all of its adjusted free cash flow to pay dividends in 2016, a drastic rise from its normal 40%–60% range.