Verizon (VZ +1.43%) is known as a great dividend stock, but its biggest threat comes from an enormous debt load. In this video, Travis Hoium breaks down why it's time for Verizon to cut the dividend to pay down debt, reducing risk in the business.
*Stock prices used were end-of-day prices of July 9, 2023. The video was published on July 10, 2023.
