The video above is from Friday's Motley Fool Money radio show with host Chris Hill and analysts Morgan Housel and Matt Koppenheffer. In this segment, the guys discuss the popularity of high-yield stocks that pay dividends. Morgan believes some dividend stocks are overvalued, saying that future returns may be smaller than expected. Matt, on the other hand, challenges the notion that there's a dividend-stock "bubble." Some of the stocks discussed include Consolidated Edison (ED 0.73%), Southern Company (SO 0.62%)AT&T (T -1.37%)Verizon (VZ -0.68%), and Altria (MO 1.45%).

When it comes to dividend yields, you won't find many higher than Frontier Communications. While its juicy dividend is tempting, every Frontier investor has to understand that it's not a sure thing. A huge acquisition has transformed the company forever. Will the move bear fruit, or are investors destined for another disappointing dividend cut? In our premium research report on Frontier Communications, we walk you through all of the key opportunities and threats facing the company, plus you'll receive a full year of updates and guidance as key news breaks. Click here to learn more.