As markets have tumbled since the highs in late February, many equities and other investments have sold off moderately or more. Among them is AT&T Inc. (T), the $226B integrated communications services company, which has declined -23.8% (from the high in mid-November to March 18). T is also a Dividend Aristocrat with a long history of increasing dividends, making it a favorite for income investors and longer-term buy-and-holders.
While T has tumbled recently, its bull market high was actually in July 2016, when it reached $43.89. The chart below is a monthly chart