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
AT&T Is the Best Name Among Wireless’ New Big Three
Posted by D4L | Saturday, January 19, 2019 | ArticleLinks | 1 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
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