TMUS vs VZ: Which Is the Better Dividend Stock?
As of September 2026, TMUS (T-Mobile US, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. VZ offers the higher yield at 5.59%, VZ has the higher dividend-safety score, and TMUS trades at the larger discount to fair value (+72%).
| Metric | TMUS | VZ |
|---|---|---|
| Forward yield | 2.24% | 5.59% |
| Annual dividend | $4.08 | $2.83 |
| Payout ratio | 41% | 73% |
| Years of growth | 2 yr | 21 yr |
| 5-yr dividend growth | — | 2.0% |
| 5-yr total return | 43% | -6% |
| Dividend safety score | 65 (C) | 87 (A) |
| Fair value estimate | $314.21 | $81.92 |
| Upside to fair value | +72% | +62% |
| Frequency | quarterly | quarterly |
| Market cap | $195.6B | $210.3B |
| P/E ratio | 19.1 | 13.2 |
Higher yield
VZ
5.59%
Safer dividend
VZ
Grade A
Faster growth
VZ
2.0%
Better value
TMUS
+72% upside
TMUS vs VZ — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.