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Another Verizon dividend hike likely on the way despite lead-cable concerns

Por: MarketWatch Business August 29, 2023

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Flannery noted that Verizon is one of several high-yielding telecommunications names whose dividend yields exceed those of their 10-year corporate bonds. Morgan Stanley Verizon had the largest spread of the companies within his coverage, at about 210 basis points. “These high-dividend yields do come against a backdrop of concerns around dividend sustainability, with a dividend reduction at AT&T and elimination at Lumen last year, and now fears... + full article



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