Reported about 1 month ago
AT&T continues to offer an attractive 5% dividend yield, significantly higher than the S&P 500. Despite mixed third-quarter results, including a slight revenue decline, the company's adjusted EBITDA rose, driven by strong mobility services and fiber business growth. AT&T is also reducing its debt and improving its cash flow, creating a more stable environment for future dividend increases. As the company's financial metrics improve, it may regain competitiveness with rivals, potentially allowing for resumed dividend growth.
Source: YAHOO