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Highest paying dividend stocks is Frontier Communications Corp?

Frontier Communications Corp, this company pays .25 cents however, i am skeptical about their dividend any inputs in this stocks?

At that rate they are paying about 300 million dollars per year in dividends. Thats roughly half of their annual operating income. The dividend yield is 13 percent. Thats extraordinarily high. They have 4 billion in long term debt and 500 million in equity. That would say something has to give, and its probably going to be the dividend. I think you are right to be skeptical.

100 Highest Dividend Yielding Stocks – Dividend Stocks To Keep Your Eye On


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