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Un mordisco de value
Un mordisco de value
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Un mordisco de value

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Frontier Communications (FTR)

Frontier Communications is the highest yielding stock in the S&P 500 with an amazing 13.7% dividend yield. The telecom stock is in the midst of acquiring assets from Verizon (VZ) in an $8.6 billion deal. Once the transaction is completed the company will reduce their dividend to $.75 per year. The dividend reduction along with the Verizon transaction will significantly improve their dividend payout ratio from their current 175% level, but will still offer investors an amazing 10% dividend yield.