Reported 1 day ago
The article discusses the performance of Verizon Communications, the highest-yielding stock in the Dow Jones Industrial Average, following a market downturn. With an 11% decrease in the Dow, investors are exploring potential buying opportunities. While Verizon boasts a 6.2% dividend yield appealing to income-focused investors, its high debt levels and competitive market pressures raise concerns about sustainable growth and dividend increases. Overall, Verizon may attract conservative investors, but its prospects for substantial capital appreciation appear limited.
Source: YAHOO