High-yield dividend stocks are in the spotlight with the central bank poised to cut interest rates. AT&T's 5.1% yield is substantially higher than its peer-group average.
Telefonica and AT&T are high-yield telecoms with checkered pasts. Both have made a lot of progress towards deleveraging and putting their businesses and dividends on a more sustainable path. We compare them side-by-side and share our take on which is the better buy today.
The Federal Communications Commission (FCC) has reached a settlement with AT&T that resolves the agency's investigation into a January 2023 hack in which AT&T customer information was taken from a vendor's cloud environment.
AT&T has agreed to pay $13 million to resolve an investigation over a data breach of a cloud vendor in January 2023 that impacted 8.9 million AT&T customers, the Federal Communications Commission said Tuesday.
The telecom giant might have found a solution for its struggling satellite business. The company and its partner in the venture are apparently in talks to merge it with a peer.
T appears to be treading in the middle of the road and investors could be better off if they trade with caution.
AT&T Inc and joint-venture partner TPG Inc are in talks to combine their DirecTV service with Dish , Bloomberg News reported on Friday, citing people familiar with the matter.
Seeking Alpha's quant analysis rates AT&T at hold, with strong valuation, profitability, and momentum ratings, but poor growth and revisions ratings. AT&T's valuation is favorable with P/E, price/cash flow, and price/sales ratios trending upward over the past year. Despite declining revenues, AT&T shows strong momentum with its price above key moving averages, indicating positive investor sentiment.
AT&T has struggled since its 2021 dividend cut, falling 27% by July 2023 when it hit a 28-year low. Since that low, when it traded at 5X earnings and a nearly 9% yield, it's rallied 67%. AT&T's strong rally has virtually eliminated any excess short-term return potential. Analysts think it might deliver 11% returns, underperforming the S&P through 2026.
Apple is slowly introducing new AI features with its latest iPhones. While these features could drive increased upgrades, giving wireless customers opportunities to switch providers, AT&T isn't worried.
AT&T Inc. (NYSE:T ) Goldman Sachs Communacopia + Technology Conference September 10, 2024 11:10 AM ET Company Participants John Stankey - Chief Executive Officer Conference Call Participants Jim Schneider - Goldman Sachs Jim Schneider Very good. So welcome everybody to this session of the Goldman Sachs Communacopia and Technology Conference.
AT&T is one of America's oldest companies, with a history dating back to the 19th century. The company's generous dividend payments make it an attractive choice for income-oriented investors, but it has cut its dividend in the not-so-distant past.