Should You Buy Telefónica For Its 7% Dividend Yield?

Group 1 - The core viewpoint is that Telefónica's high-dividend yield may be misleading due to weak growth prospects and insufficient dividend coverage by earnings and cash flows [1] Group 2 - The company has been identified as having a high-dividend yield, which could be perceived as a trap for investors [1] - Concerns are raised regarding the adequacy of the company's earnings and cash flows to support its dividend payments [1]