The Long and the Short of T?
Whether it’s with individual shares, mutual funds, or ETFs, dividend investors are likely to own AT&T. (T)
Not only does T pay a nice dividend but that dividend has been increased on an annual basis for more than 30 years.
Lots of retiree portfolios hold T, mainly because of its (so far) dependable dividend.
T now has a dividend of 5.73% because the share price has been dropping lately. There are those who might see this as an opportunity to scoop up more shares. But there are also those who are getting quite uncomfortable with what is happening to T right now — and what could be a potential risk to dividend income, especially for retirees who are long on AT&T. (It’s in the financial news a lot lately.)
Thoughts?
Last edited by Boomer; 11-11-2017 at 08:21 AM.
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