They cut the dividend recently and announced a material transaction where they spin off their streaming assets to pay down debt. Don't ever, ever buy a stock for its dividend. You need to focus on the debt and the future of the business. He is not keen on this company. The best way to own 5G is to own AAPL-Q.
Telco sector has lagged from the March lows. More of a value and dividend play. Yield now is 7.8%, and is that sustainable? He owns Verizon.
T vs. VZ Dividend stocks are much more valuable in low interest rate environments. He'd go with Verizon. Do you want to just go for the very high dividend? This could be a red flag. Could be at risk, and wiped out with capital loss on the stock side.
The dividend jumps out, currently 7%, which is attractive, though keep in mind this is a US stock, so Canadians will be taxed on part of this. ATT will protect that dividend. ATT is known as a consistent cash generator. He's less thrilled with the business though--the competition from streamers from Netflix et al is extreme and they're losing. So, the stock could deteriorate while the dividend stays at 7%. He's neutral about ATT.
A T & T US is a American stock, trading under the symbol T-N on the New York Stock Exchange (T). It is usually referred to as NYSE:T or T-N
In the last year, 6 stock analysts published opinions about T-N. 1 analyst recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for A T & T US.
A T & T US was recommended as a Top Pick by on . Read the latest stock experts ratings for A T & T US.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered A T & T US In the last year. It is a trending stock that is worth watching.
On 2022-05-23, A T & T US (T-N) stock closed at a price of $20.74.