T - Can Retirees Still Trust AT&T's 5.8% Dividend Yield?
2024-07-02 07:00:00 ET
U.S. wireless carrier AT&T (NYSE: T) is a polarizing stock among investors. Shares are down nearly 30% in price over the past decade, which is a tough pill to swallow. However, include AT&T's famous high-yielding dividend and shares generated a 50% positive return.
Indeed, dividends can have a powerful impact on investment returns.
Moreso than returns, retirees depend on dividends for the passive income they offer, which can help pay living expenses. For those investors, a high dividend yield they can trust to continue coming quarter after quarter matters above all.
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Can Retirees Still Trust AT&T's 5.8% Dividend Yield?