Reported 8 months ago
AT&T's high dividend yield of 6.15% has made it attractive to income investors. By reinvesting dividends, it would take approximately 11.5 years for an investment in AT&T to double if the stock price and dividend remain flat. If the dividend grows at a modest rate, the doubling time can accelerate. In the most optimistic scenario where both stock price and dividend grow, a $10,000 investment in AT&T could more than double in just nine years. While these scenarios provide insights, it's essential to consider factors like stock price fluctuations, dividend sustainability, taxes, and the importance of diversification when making investment decisions.
Source: YAHOO