With its massive 5G network ready to launch, AT&T (NYSE:T) will play a critical role in the latest tech revolution. T stock suffered for years as declining business lines and intense competition weighed on the equity. But now with 5G wireless service beginning to appear, the company will play an increasingly critical role in the tech industry. So the rise of 5G combined with the low valuation of T stock could make AT&T stock compelling.
Of this new Big Three, no other company looks more favorable to investors than AT&T. Its dividend is the most attractive aspect of the stock, at least for income-oriented investors. As expected, T just approved its 34th consecutive annual dividend hike, bringing next year’s annual payout to $2.04 per share and taking the yield above 7.2%. AT&T is considered a “dividend aristocrat.” In order to be placed in the “dividend aristocrat” category, companies must have increased their payouts annually for at least 25 years. If a “dividend aristocrat” doesn’t increase its payout one year, its stock will drop sharply.
Source: InvestorPlace
Related Articles:
- Are You Patient Enough To Be Wealthy? These 6 Dividend Stocks Will Help You Wait
- 5 Dividend Stocks With A Quick Payback
- 3 High-Rated Dividend Stocks With Above Target Returns
- 2 Dividend Stocks For Healthy and Wealthy Retirement
- 4 High-Yielding Utilities With A Growing Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Owning dividend stocks can be a great way to both generate cash flow and beat the market long term. And if you can find stocks that are over...
-
Long-time readers know I’m a big fan of the insurance industry because of one quirk in their business model. Customers always pay premiums u...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those...
-
It has been a glum time for ExxonMobil (NYSE:XOM) shareholders. Regardless of whether you’re looking at the past one year, five years, or te...
-
Investors tend to gravitate to dividend stocks, particularly when those equities increase their payout on an annual basis. When these types ...
-
“Cheap” stocks aren’t necessarily the best cheap stocks to buy. And dividend stocks, even those with a high payout, aren’t necessarily safe....
-
This company's management has raised the quarterly distribution 71 straight quarters, 22 straight years - it will be a Dividend Aristocr...
-
The markets have been doing very well over the past several weeks, and finding some good bargains has been a bit challenging of late. Howeve...
-
Dividend-paying companies are beacons of profitability. Generally speaking, a company isn't going to share a percentage of its profit or...
Our family owns AT&T in three separate accounts! To say we love AT&T is an understatement :) With recent yields and valuation, we certainly think AT&T is a great stock to own for the long haul. In fact, it is one of the stocks we use as a foundation to our portfolios. AFFJ