US telecom stocks have been getting hit this year with and way down. But, a lot of people love $T and $VZ for their dividend, but are these stocks still a buy?
Both are yielding 7%+, which seems unsustainable, but are you buying for the dividend?
I havent really been too into buying stocks for their dividents to be perfectly honest. Depending on the conpany it’s guaranteed income almost but in that case would buying bonds or something achieve the same effect?
That's what I've been thinking as well, especially with T-Bills yielding 4-5%+. If you've got some cash to park, why risk market moves right now?
https://finance.yahoo.com/m/463af3d7-e0d2-3528-a824-c50cbf49d18d/verizon-raises-free-cash-flow.html