What is Verizon's indicated dividend rate?

Question

Yahoo finance says a 4.30 percent yield. Are there any owners who the stock who know for sure?

Thank You

Answer 1

4.4%, based on a div of $1.62 and a stock price of 36.88. Went ex-div 1/8/07, payable 2/1/07. The $1.62 is an annual dividend, payable on a quarterly basis. Your specific actual rate depends on how much you paid for the stock. ie - if you paid $18.44 / share, your effective rate would be 8.8% (published rate is computed on ccurrent stock price).