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Why Verizon Should Cut Its Dividend


(NYSE: VZ) is known as a great dividend stock, but its biggest threat comes from an enormous debt load. In this video, Travis Hoium breaks down why it's time for Verizon to cut the dividend to pay down debt, reducing risk in the business. 

*Stock prices used were end-of-day prices of July 9, 2023. The video was published on July 10, 2023.

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Source Fool.com

Verizon Communications Inc. Stock

€38.31
0.290%
Verizon Communications Inc. gained 0.290% compared to yesterday.
The stock is one of the favorites of our community with 23 Buy predictions and 1 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 7.04% for Verizon Communications Inc. compared to the current price of 38.31 €.
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