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Why Verizon Should Cut Its Dividend

TheMotleyFool 
0 0 11.07.23
Why Verizon Should Cut Its DividendPhoto, wide shot, wide-angle lens, Cable TV provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/51ec7f0d-2b5e-41f6-baa4-43bf0f5d7e7d.png
 

(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

€40.69
-0.380%
The price for the Verizon Communications Inc. stock decreased slightly today. Compared to yesterday there is a change of -€0.155 (-0.380%).
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Verizon Communications Inc..
As a result the target price of 43 € shows a slightly positive potential of 5.68% compared to the current price of 40.69 € for Verizon Communications Inc..
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