AT&T (T) is one of the dogs of the Dow, which is a
strategy designed to pick ten stocks offering the highest dividend yields from
the Dow Jones Industrial Average. Under this strategy, an investor who
purchases these stocks should outperform the market benchmark on a total return
basis. The telecom industry in the US is characterized by companies that boast
high dividend yields. AT&T recently announced that it will increase its
quarterly dividend to 45 cents per share, which roughly translates into a
dividend yield of 5.4%, based on the current share price of $33.20. In the rest
of the report, we will discuss the company's cash flow position and the
sustainability of its high payout.
No comments:
Post a Comment