Is AT&T A Good Dividend Stock?

Will AT&T cut their dividend?

The massive phone company, fresh off its breakup into four companies, slashed its quarterly dividend–for the first time in its 113-year history–by 83%, and warned fourth-quarter revenue and earnings will fall short of Wall Street’s estimates.

AT&T said it expects earnings to be 26 cents to 28 cents per share..

What stock pays best dividend?

Which Are The Best Dividend Stocks?CompanySymbolDividend Yield (%)Lyondellbasell Industries(LYB)6.1Principal Financial Group(PFG)4.98AbbVie(ABBV)4.81Bank Ozk(OZK)4.481 more row•Jul 27, 2020

What is the best stock to buy right now?

Best Value StocksPrice ($)Market Cap ($B)NRG Energy Inc. (NRG)33.748.2Vornado Realty Trust (VNO)36.216.9MGM Resorts International (MGM)15.417.6

Is AT&T stock a good buy right now?

AT&T stock should not be bought right now based on its fundamentals and technical analysis. Investors want to prioritize stocks that have seen growth of at least 25% in earnings and sales in recent quarters. T stock currently falls far below that.

What are the 10 highest paying dividend stocks?

Here’s a look at some of the top dividend-paying stocks.Bristol-Myers Squibb (ticker: BMY) … Medifast (MED) … Energy Transfer (ET) … British American Tobacco (BTI) … AbbVie (ABBV) … AT&T (T) … Discover Financial Services (DFS) … Johnson & Johnson (JNJ)More items…•

Is AT&T a buy or sell?

Style ScorecardZacks RankDefinitionAnnualized Return1Strong Buy24.33%2Buy17.77%3Hold9.37%4Sell4.88%2 more rows

What is a good dividend yield?

Often the best balance between yield and those stable fundamentals is around 4 to 6 percent, said Zamil. Higher yields require careful scrutiny. “Anything over 10 to 12 percent dividend yield, we don’t exclude them but we look at them with a more critical eye,” he said.

Is ATT a good dividend stock?

Bottom line: AT&T is a solid dividend stock, but it won’t work for every investor. Be aware that its efforts could fail. Only take a leap if you are willing to bet that AT&T can see this through within your investment horizon.

Why is AT&T stock down so much?

AT&T stock is down 6% in Monday trading after two Wall Street analysts lowered their ratings on the telecom and media giant’s shares. On Friday, AT&T suspended its stock buyback program, citing a desire to maintain financial flexibility and invest in upgrading its network to 5G.

Does Coca Cola pay a dividend?

On February 20, 2020, the Coca-Cola Company (KO) announced its 58th consecutive annual dividend increase, raising the quarterly payment 2.5 percent from $0.40 to $0.41 per share.

What is AT&T annual dividend?

AT&T Inc. Historical Common Dividends DataYearPayment DateAmount201802-01-18$0.50201711-01-17$0.4908-01-17$0.4905-01-17$0.49137 more rows

How many times a year does AT&T pay dividends?

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.7.

Will Amazon ever pay a dividend?

Amazon, on the other hand, has never paid a dividend. The company’s promise to investors has instead been built around the idea that as Amazon grows, eats up business in new markets, and starts generating meaningful profit, investors will get more excited about buying the stock, pushing the price up.

Is AT&T dividend Safe 2020?

AT&T has hiked its dividend annually for 35 straight years. That streak makes it a Dividend Aristocrat of the S&P 500 — a member of the index that has raised its payout for at least 25 straight years. … In short, AT&T’s dividend remains safe, and its 7% yield is significantly higher than Verizon’s (NYSE:VZ) 4.3% yield.