AT&T Inc. (NYSE:T) has been fattening investors’ pockets for years now. It is an absolute profit machine, but can T stock keep delivering such a high dividend yield?
Telecommunications names can be difficult to understand because the underlying business is so technical. From antiquated telephone wires to fiber optic Internet cables, telecoms engage in business that’s hard for a layperson to understand.
But the upside is we don’t really need to suffer through an endless stream of jargon to appreciate AT&T’s dividend. All we need to do is decipher whether or not AT&T can afford to keep paying out a five percent yield for the foreseeable future.
And I have excellent news on that score. Not only is T stock likely to keep paying hefty dividends,..
Source: Profit Confidential