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Update on High-Yielding AT&T

publication date: Sep 27, 2021
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Image Source: AT&T Inc – Second Quarter of 2021 IR Earnings Presentation. 

The communications and media giant AT&T Inc is pivoting back to its roots, a strategy that we think will pay off handsomely in the long run, though there have been plenty of rough bumps along the way. Management has finally found a strategy that AT&T can stick with. We include AT&T as an idea in the High Yield Dividend Newsletter portfolio and shares of T yield ~7.7% as of this writing (note that the company will rightsize its dividend in the coming quarters, resulting in a yield adjustment lower).

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