Thoughts on AT&T (T) as a stock to purchase?
 

Company has numerous times, CEO, confirmed commitment to 6-7% dividend.
Q1 was on the upside
high debt but appears able to manage debt and still have some free cash flow.

Any thoughts as a stock to purchase?

Warner media.....CNN. No way

OP, ask a question and isn’t that what this forum is about? OP, ATT is a “blue chip” stock and a couple of my mutual funds have the stock. As I don’t follow the Market closely anymore, frankly I let the “various diversified funds” pick the stocks and it’s all been good and much less stressful than picking and trading in the market daily, or weekly. As noted, ATT pays a very nice dividend and IMHO an excellent conservative stock pick. Of course, there are others so to each his own.

Ah, I think that there are other better stocks for a dividend plus growth, than AT&T. The competition and investment requirements are intense. . .but I am just a poster on a retirement development web site, and could be anyone. . .

Best to talk with your investment advisor that a bunch of web site typists

and yes I am in corp finance. . .

The very people you are seeking advice from have investment companies that advise them. Get your own.

Absolutely!!!

People come here for advice on: retirement, golf carts, houses, brokers, pizza, dog poop, mortgages, impact fees, NOTHING, humidity, plumbers, golf conditions, doctors.

Excellent choice, I have been in AT&T for about 1 1/2 years. I tell my friends about this stock. I started watching around 26 to 27. Pays a great dividend of 6.8% the high at one time was around 39. So I feel there’s room to go up. Pays quarterly dividends. Also check IIM a muni fund pays 4.9% fed tax free. Pays monthly dividend. I have been in this for over 5 years. Trades like a stock buy today sell tomorrow. No term.

Oh I forgot AT&T is now around 31.50 nice move up and a great dividend. I have been in since $26.78. Enjoy very little risk AT&T is not going bankrupt.

Oooooooooo, you were doing so well until this statement.

:ohdear:

Too much debt. If you're not adverse to 'sin stocks', check out MO.

Oh thank you

I have a bridge with very little usage that would be available for a good price.

On a different note consider a dividend growth type mutual fund that will pay less in dividends than A T and T but give you diversification with less risk.

Check their debt! If you are buying strictly for dividend,
then go for it. It will not appreciate much until it sheds
some debt.

Ah, yes, what a surprise — snide comments from the patrol boys. Not sure why some posters think they have to judge and approve every question.

Anyway, OP (TNGary), I understand what you are asking — because I also like to talk generally about individual stocks sometimes.

It looks like you are watching T closely. That dividend is tempting and you are aware of the debt thing.

I need to look at whether they have increased the dividend again. CEOs do not like to lose the status that goes with years and years of consecutive dividend increases — even if the increase has to be a tiny one. (I am going to look this up later.)

If you don’t own any T right now, you might want to buy a few shares — which will make it more interesting for you to follow, without betting the farm. See how owning it makes you feel. (Yeah, I have to determine how a stock makes me “feel” but maybe that’s a woman thing. :) )

I looked this morning to see how Fidelity’s rating looked and the computer-generated number was at the low end of neutral. But I am never sure what goes into that number.

Anyway, thanks for the discussion, and good luck with your decision.

Boomer

One poster recommended GUT as a dividend investment.