Looking for a truly dependable income stock?
Here's a dividend stock that stands out...With monthly high-yield payouts...And a remarkable history of dividend growth...Increasing TWICE an2 Columnnually for the past EIGHT years.
Price Target: $24.00
AT&T Inc. is the second largest wireless service provider in North America and one of the world's leading communications service carriers. Through its subsidiaries and affiliates, the company offers a wide range of communication and business solutions that include wireless, local exchange, long-distance, data/broadband and Internet, video, managed networking, wholesale and cloud-based services.
With assets like HBO, CNN and TNT, AT&T's acquisition of Time Warner has created new kinds of online videos and opened up avenues for targeted advertisements. The company is also focusing on streaming services with AT&T TV and HBO Max. This is likely to create other avenues to monetize content as it expands 5G coverage across the country.
Last Dividend Amount: $0.28
Expected Ex-Dividend Date: Oct 15 2024
Expected Payment Date: Nov 01 2024
Expected Dividend & Yield: 5.02%