On 10/10/24, Verizon Communications, Oracle, and AT&T will all trade ex-dividend for their respective upcoming dividends. Verizon Communications will pay its quarterly dividend of $0.6775 on 11/1/24, Oracle will pay its quarterly dividend of $0.40 on 10/24/24, and AT&T will pay its quarterly dividend of $0.2775 on 11/1/24.
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As a percentage of VZ’s recent stock price of $43.84, this dividend works out to approximately 1.55%, so look for shares of Verizon Communications Inc to trade 1.55% lower — all else being equal — when VZ shares open for trading on 10/10/24. Similarly, investors should look for ORCL to open 0.24% lower in price and for T to open 1.27% lower, all else being equal.
Below are dividend history charts for VZ, ORCL, and T, showing historical dividends prior to the most recent ones declared.
Verizon Communications:
Oracle:
AT&T:
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 6.18% for Verizon Communications, 0.94% for Oracle, and 5.10% for AT&T.
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In Tuesday trading, Verizon Communications shares are currently down about 0.8%, Oracle shares are off about 0.5%, and AT&T shares are off about 0.6% on the day.