9.7-per-cent decline, is the biggest laggard . The stock is near levels last seen during the pandemic lockdowns in 2020.sector is mature and highly regulated, with just a few significant players. This makes it unlikely that any one company will benefit from spectacular growth or win significant market share from its competitors.
In other words, some investors might prefer a safe government bond over a riskier dividend stock, especially when bonds are offering similar cash payouts. As a result, share prices decline, driving up dividend yields to levels well above bonds. “Since then, the yield spread to the Treasury bond has widened steadily as Verizon has struggled to grow its postpaid wireless customer base,” Mr. Hodel said in an e-mail.
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