Update on High-Yielding AT&T
Image Source: AT&T Inc – Second Quarter of 2021 IR Earnings Presentation By Callum Turcan The communications and media giant AT&T Inc (T) is pivoting back to its roots, a strategy that we think will pay off handsomely in the long run, though there have been plenty of rough bumps along the way. Management has finally found a strategy that AT&T can stick with. We include AT&T as an idea in the High Yield Dividend Newsletter portfolio and shares of T yield ~7.7% as of this writing (note that the company will rightsize its dividend in the coming quarters, resulting in a yield adjustment lower). Warner Bros. Discovery AT&T’s WarnerMedia segment is joining forces with Discovery Inc (DISCA) that will … Read more