Should You Buy This Dow Stock for Its 6% Yield?

Stocks paying high dividends will always be popular with investors seeking a steady stream of passive income. The telecom sector in particular is well-known for offering rich dividend yields - which, given the lackluster growth forecasts for the group, is a key part of the appeal when it comes to attracting new investor interest to these stocks. 

With that said, here's a closer look at one of the biggest names in the telecom space - not just in terms of size, but in terms of dividend yield. In fact, following the recent dividend cut by retail pharmacy company Walgreens Boots Alliance (WBA), this communications giant now offers the fattest yield on the Dow Jones Industrial Average ($DOWI).