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Verizon Communications Inc (VZ) has been recognized as the “Top Dividend Stock of the Dow” in a recent report from Dividend Channel. The report highlighted VZ’s share price of $43.97, a price-to-book ratio of 1.8, and an impressive annual dividend yield of 6.3%, significantly higher than the Dow’s average yield of 2.0% and price-to-book ratio of 12.3.
Verizon’s current annualized dividend is $2.76 per share, with dividends paid quarterly. The next ex-date for dividends is set for October 10, 2025. The report emphasized the importance of studying a company’s long-term dividend history, which can indicate the likelihood of continuing dividends.
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