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The company is rebuilding its dividend reputation after cutting the payout in 2022.
AT&T (NYSE: T) currently offers a very attractive dividend. At a 5% yield, the telecom giant's payout is several times higher than the S&P 500 (less than 1.5%). However, with that higher yield ...
Historically, AT&T has announced dividend increases toward the end of the year. If it does so this year, there may be an interest rate cut or two by then and dividend stocks could be rallying. In ...
Sigma-Aldrich (SIAL) was removed from the list due to its acquisition by Merck Group. In 2014, Bemis (BMS) was removed from the S&P 500 index and therefore removed from the index. In 2013, Pitney Bowes (PBI) was removed after slashing the dividend from 37.5c to 18.75c per quarter per share. In 2012, CenturyLink (CTL) was removed from the index.
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AT&T's stock has rallied 27% this year as investors have grown more bullish on its future given its stronger results of late. Its yield has shrunk as a result, and is now down to around 5.2%.
With the Federal Reserve signaling a potential long-term rate-cutting cycle in 2025 despite lingering inflation concerns, income-generating equities have moved into the spotlight in 2024. AT&T ...
On Wednesday, AT&T Inc (NYSE:T) reported third-q uarter 2024 operating revenues of $30.21 billion, down 0.5% year over year. It marginally missed the analyst consensus estimate of $30.44 billion.