Is Verizon's High-Yielding Dividend Still Safe?
Verizon(VZ) The Motley Fool·2024-08-03 08:15
The telecom giant's recent earnings report didn't offer many surprises.Verizon Communications (VZ 0.29%) pays an incredibly high yield of 6.6% right now. This is not your typical yield from Verizon. But because investors turned bearish on the stock amid rising interest rates, the stock has fallen, and the yield has risen.When a yield gets this high, question marks often arise as to whether it is too good to be true, and whether it can really be safe. Let's take a closer look to see just how manageable the p ...