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Better High-Yield Dividend Stock: Verizon or 3M?

TheMotleyFool

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Better High-Yield Dividend Stock: Verizon or 3M?: https://g.foolcdn.com/editorial/images/768703/getty-dividend-stocks-growing-money-income-cash.jpg

In the realm of high-yield dividend stocks, 3M Company (NYSE: MMM) and Verizon Communications (NYSE: VZ) have attracted considerable interest from income investors in recent years, and rightly so. Both stocks offer yields exceeding the 6.5% mark, boast strong brand recognition, and are constituents of the Dow Jones Industrial Average.

Which of these high-yield Dow stocks is the better buy right now? Let's break down their respective value propositions to find out.

Image source: Getty Images.

Source Fool.com