Verizon Communications exits the Dow Jones, shares react ahead of index reshuffle
24.06.2026 - 08:30:45 | ad-hoc-news.de
By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-24, 08:25.
Verizon Communications Inc. (US92343V1044) loses its place in the Dow Jones Industrial Average at the end of June. As the index committee announced in New York, Alphabet will join the blue-chip index in Verizon's place, while the telecom group remains listed on the NYSE.
What the Dow decision changes
S&P Dow Jones Indices said that Alphabet Class A shares will replace Verizon in the Dow Jones Industrial Average before the opening on June 29, 2026, citing a desire to increase exposure to the communication services and technology segments. The Dow currently includes competitors such as AT&T via its media spin-offs only indirectly, while Verizon has been a direct telecom pure play.
The change follows a period in which Alphabet's market capitalization and growth profile have far outpaced Verizon, even though Verizon offers a dividend yield of around 6 percent according to recent market data. Verizon shares closed at 46.78 US dollars on June 23, 2026, up just over 3 percent on the day, with a market capitalization near 195 billion dollars.
How Verizon shares trade after the news
On June 24, 2026, Verizon shares trade on the NYSE around 46.45 US dollars, moving in an intraday range between 45.42 and 46.85 dollars according to Nasdaq data. That puts the stock roughly 2.3 percent above the session low and around 0.9 percent below the high, signalling a measured reaction to the upcoming Dow exit.
Analyst commentary remains focused on Verizon's balance sheet and cash returns. A recent Nasdaq market piece points to ongoing efforts to simplify the debt structure and emphasizes that Verizon continues to raise its payout, supporting its positioning among US high?dividend telecoms despite the index change. For income?oriented investors tracking the S&P 500 rather than the Dow, the index switch is less consequential, as Verizon remains a member of the broader benchmark.
All news and analysis on the Verizon Communications shares
Historic Dow membership, a strong dividend profile and a large 5G investment program make Verizon a closely watched US telecom stock.
How Verizon makes its money
Verizon's core business is the US wireless and broadband market, where it sells mobile plans, devices and data services under the Verizon brand to consumers and enterprises. A key current product is its 5G Home Internet offering, which uses Verizon's 5G network to provide fixed wireless broadband as an alternative to cable and fiber.
Where the stock trades today
The Verizon Communications shares (US92343V1044) trade on 2026-06-24 at 08:25 on the NYSE at 46.45 US dollars.
Key data on the Verizon Communications shares
- Company: Verizon Communications Inc.
- ISIN: US92343V1044
- WKN: 868402
- Ticker: VZ
- Trading venue: NYSE
- Price (as of 2026-06-24, 08:25): 46.45 USD
- Market cap: 195.08 billion USD (as of 2026-06-24)
- Sector / industry: Communication Services / Integrated Telecommunication Services
- Index membership: S&P 500
- Next earnings date: 2026-07-22
This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities.
