It’s no secret that in the world of income investing, higher returns always come with higher risk. Very often, an ultra-high dividend yield turns out to be a sign of trouble. And yet whenever investors see a company offering a double-digit payout, it’s hard not to stop and take a second look.
So today, let’s take Uniti Group Inc (NASDAQ:UNIT), one of the highest-yielding names on U.S. stock exchanges, and examine its dividend safety. Headquartered in Little Rock, Arkansas, Uniti Group Inc is a real estate investment trust (REIT). But instead of owning shopping malls and office buildings, the company focuses on a different set of assets: communications infrastructure.
Source: Income Investors
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