High-Yield Dividend Stocks: Why Verizon and AT&T Don't Make the Cut

By Jason Hall and Jeff Santoro – Jan 22, 2024 at 5:12AM

NYSE: VZ

Verizon Communications

Market Cap

$167B

Today's Change

(1.17%) $0.46

Current Price

$39.68

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

Years of low returns, rising interest rates, and future capital obligations add up to continued poor returns for investors.

In this video, Motley Fool contributors Jason Hall and Jeff Santoro discuss why AT&T (T 1.02%) and Verizon Communications (VZ 1.17%), despite very appealing high-dividend yields, are unlikely to prove good long-term investments going forward.

*Stock prices used were from the afternoon of Jan. 19, 2024. The video was published on Jan. 21, 2024.

Jason Hall has no position in any of the stocks mentioned. Jeff Santoro has no position in any of the stocks mentioned. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.