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home / news releases / DISCB - AT&T: The Dividend Cut Is Here

DISCB - AT&T: The Dividend Cut Is Here

Discovery Inc. Series B Common Stock
  • AT&T finally cut its dividend, reducing the payout by 47% to $1.11.
  • The new dividend yield is higher than many think, however, once we adjust for the shares in the new media company that can be monetized.
  • AT&T seems like a solid income pick following the dividend cut. Investors that want a higher income yield can get that by using options.

For further details see:

AT&T: The Dividend Cut Is Here
Stock Information
Company Name: Discovery Inc. Series B Common Stock
Stock Symbol: DISCB
Market: NASDAQ
Website: corporate.discovery.com
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