Should You Buy This Nearly 7%-Yielding Dow Jones Stock for Dividend Income?

Verizon (NYSE: VZ) is an outlier in the Dow Jones Industrial Average. Its nearly 7% yield is by far the highest in the 30-stock index, where the average is 1.7% (Chevron is the next highest at 4.3%). A high dividend yield can be a sign of trouble, often indicating a high risk of a future dividend reduction. Here's a look at whether Verizon is a good stock to buy for dividend income.Image source: Verizon.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool