Should Passive Income Investors Avoid AT&T Stock and Verizon Stock Because of a Whopping $256 Billion in Debt?

By Parkev Tatevosian, CFA – Oct 16, 2023 at 9:29AM

NYSE: T

AT&T

Market Cap

$120B

Today's Change

(1.02%) $0.17

Current Price

$16.75

Price as of April 26, 2024, 4:00 p.m. ET

AT&T and Verizon have accumulated a huge amount of debt that could threaten their dividend payments.

Fool.com contributor Parkev Tatevosian takes a deep dive into AT&T (T 1.02%) and Verizon (VZ 1.17%) to uncover the hidden structure of their debt problem.

*Stock prices used were the afternoon prices of Oct. 13, 2023. The video was published on Oct. 15, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.