Is AT&T's Dividend Finally Safe Again? Here's My Verdict.
AT&T's dividend has been a concern since it cut the payout in 2022.
Overview
I've had concerns about AT&T's (NYSE: T) dividend ever since it slashed its payout in 2022 following the spinoff of its media assets to create Warner Bros. Discovery. However, I honestly think that the dividend is finally safe again. The telecom giant's financial profile has improved significantly over the past few years, while it expects to deliver healthy financial growth through at least 2028.
Here's why I think AT&T's more than 4%-yielding dividend is finally safe again.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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