2023-11-30 05:35:00 ET
A super-high dividend yield can often be a sign of trouble. That's not the case for AT&T (NYSE: T) and British American Tobacco (NYSE: BTI) . AT&T is having success winning subscribers and growing its fiber internet business, and it recently bumped up its free-cash-flow outlook for the year.
British American Tobacco is a riskier stock as the company tries to balance slumping demand for cigarettes and soaring sales on non-combustibles. But so far, it's making it work and sustaining its sky-high dividend.
For dividend investors looking for inexpensive stocks with high yields that appear sustainable, AT&T and British American Tobacco are good bets.
For further details see:
2 High-Yield Dividend Stocks That Will Make You Richer