Verizon Gets Booted From the Dow Jones Industrial Average. Is the Stock in Trouble?

Verizon was removed from the Dow Jones Industrial Average on June 29, 2026, to make room for Alphabet and increase the index's exposure to artificial intelligence and technology. While the stock declined about 8% in the past month following the announcement, the article argues this removal doesn't indicate fundamental business problems. With strong fundamentals, a modest valuation (11x earnings), and a high dividend yield of 6.4%, Verizon could present a buying opportunity for dividend investors despite near-term selling pressure.