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VZ - 1 Huge Reason Verizon Should Slash Its Dividend Now
Verizon Communications Inc.
2024-05-01 05:30:00 ET
Verizon (NYSE: VZ) is spending most of its free cash flow just keeping up with dividend payments, which isn't sustainable as interest rates rise. But investors may not be as tied to that dividend today, which Travis Hoium covers in this video.
*Stock prices used were end-of-day prices of April 30, 2024. The video was published on April 30, 2024.