AT&T, Verizon Dividends Look Safe, Analyst Says
AT&T's and Verizon's dividends appear sustainable even as worries about lead contamination costs weigh on shares. Shares of AT&T (T) and Verizon Communications (VZ) sport two of the highest dividend yields in the S&P 500, and that's making some equity income investors increasingly nervous. The reason being that the dividend yields on these telecommunications stocks are unusually elevated because their share prices are in the dumps.Recall that stock prices and dividend yields move in opposite dir