Is Windstream Corporation (WIN)’s High Dividend Yield Worth the Risk?

Frontier Communications Corp (NASDAQ:FTR) had gotten itself heavily into debt after buying some cast-off Verizon properties — $8.6 billion worth. It’s around that time that the dividend cuts began.

Both Windstream Corporation (NASDAQ:WIN) and Frontier Communications Corp (NASDAQ:FTR) are in the same boat, facing the some declines in their legacy phone line businesses. Frontier had to jettison some of its dividend to stay afloat. Will Windstream have to do the same? Yes, Windstream’s dividend is a temptation, but is an 11% yield worth the risk of the company spending more on that dividend than it can afford?

The article Is Windstream Stock’s High Dividend Yield Worth the Risk? originally appeared on Fool.com.

Fool contributor Dan Radovsky owns shares of Frontier Communications. The Motley Fool has no position in any of the stocks mentioned.

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