TBC - AT&T: Strong Yield With Potential Earnings Growth On The Horizon
2024-06-25 12:11:42 ET
Summary
- AT&T Inc.'s dividend yield of ~6% is appealing for income-focused investors.
- The company's free cash flow has stabilized and resumed growth while earnings are looking set to bottom, making the dividend more secure.
- AT&T's future prospects look much brighter than its rather rocky past; if they can continue to focus on paying down debt, it can put them in an even better position.
Written by Nick Ackerman.
As an income-focused investor, I'm generally focused on dividend-paying stocks. I try to balance my approach with both dividend growers, but also those that carry higher yields. Those that carry higher yields are, in general, those that may not show strong dividend growth over time. Whereas, the low single-digit dividend yield payers, in general, I would anticipate seeing growth in their payout over time....
AT&T: Strong Yield With Potential Earnings Growth On The Horizon