In trading on Monday, shares of AT&T were yielding above the 8% mark based on its quarterly dividend (annualized to $2.08), with the stock changing hands as low as $25.79 on the day.
Start slideshow: 10 Stocks Where Yields Got More Juicy »
Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the S&P 500 ETF (SPY)
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of AT&T Inc, looking at the history chart for T below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield.
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
T has been growing its dividend for more than 20 years consecutively. For more dividend growth stocks view our Dividend Aristocrats List on Dividend Channel or on Top Dividends.
Source: https://www.forbes.com/sites/dividendchannel/2022/01/24/att-dividend-yield-pushes-past-8/