Verizon Just Gave Good News to Income Investors Who Love Its Ultra-High Dividend Yield

The telecom giant appears to be in a strong position to extend its streak of 18 consecutive dividend increases.Many investors didn't like Verizon Communications' (VZ -1.15%) third-quarter update on Tuesday. That's obvious from Verizon stock sinking around 5% after the telecommunications giant reported its Q3 results. But some investors should be pleased with Verizon's latest update. Why? The company just gave good news to income investors who love its ultra-high dividend yield of nearly 6.5%.The numbers tha ...