Co-produced with PendragonY
As income investors, our aim is to generate a high level of incoming cash flows paid by our investments. We are on a continuous hunt for companies with well-supported dividend coverage. The opportunity becomes greater when a high yielding stock becomes out-of-favor and trades at opportunistic prices. This allows us to generate even a higher income.
In general, many blue-chip companies have very low yields because the market recognizes their strength and prices the shares accordingly. However, COVID-19 has allowed us to do some bargain hunting. AT&T (T) is a