Reported 28 days ago
AT&T CEO John Stankey emphasized that the company's attractive dividend yield could capture investor interest as Federal Reserve rates decline. Speaking at the Goldman Sachs conference, he noted that even though AT&T's second-quarter revenue dipped slightly, its performance, including postpaid phone net additions and solid mobility sales, positions it well for potential growth. With a significant debt reduction plan ahead and a promising capital return program on the horizon, Stankey is optimistic about the company's future and its ability to navigate ongoing inflationary pressures.
Source: YAHOO