Exploring Two Undervalued Dividend Stocks in the Dow Jones Industrial Average: Are They Worth Investing In?

Reported 1 day ago

In the Dow Jones Industrial Average, two stocks, Verizon Communications and Chevron, stand out with above-average dividend yields of 6.7% and 4.6%, respectively, despite recent declines in their stock prices. While Verizon's revenue from wireless services is growing, its significant debt and impending acquisition of Frontier Communications raise concerns about sustaining its dividend. Conversely, Chevron, despite facing market pressures from fluctuating oil prices, has a strong history of dividend growth and a solid balance sheet, making it an attractive option for income-seeking investors. Both stocks are worth considering for those looking for reliable dividend income.

Source: YAHOO

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