Dividends4Life: AT&T Inc. (T) Dividend Stock Analysis

AT&T Inc. (T) Dividend Stock Analysis

Posted by D4L | Thursday, July 29, 2010 | | 0 comments »

AT&T Inc. (formerly SBC Communications) provides telephone and broadband service, and the company holds full ownership of AT&T Mobility (formerly Cingular Wireless). AT&T Corp. was acquired in late 2005 and BellSouth in late 2006.

In spite of a poor economy, T has performed well over the past year. The iPhone has provided gains in consumer wireless and should continue to do so near-term. Declines in landlines will continue to pressure T, but gains in consumer wireless and broadband should help to offset these. The company has a strong balance sheet and generates good free cash flow. I will continue to strategically increase my position in T when it is trading below my buy price of $26.52 and as my allocation allows

Source: Dividends Value

Related Articles:

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.

Dividend Growth Stocks News

~

Popular Posts Last 30 Days