In spite of the fact that Frontier Communications (FTR) is up this year, the organization's last-reported first-quarter results were not up to the imprint. Frontier missed estimates despite the fact that it picked up a broadband piece of the overall industry in 91% of its markets. Additionally, Frontier's revenue was down 4.3% from the year-back quarter, while its earnings dropped 18.4% year over year.
Investors are pulled in to Frontier because of its eye-getting dividend yield of 7%. On the other hand, if Frontier is not able to enhance its revenue and earnings significantly going ahead, then its dividend may take a hit. Indeed, Frontier's present dividend yield of 7% is lower than the five-year normal yield of 10.7%, so a dividend remove can't be dominated. Furthermore, the organization has a payout degree of a massive 400%. Continue Reading »