AT&T's 4.7%-Yielding Dividend Is Growing Increasingly Safe and Secure

Dividend sustainability concerns have weighed on AT&T (NYSE: T) in recent years. The telecom giant had previously cut its payout by nearly 50% in 2022 to retain additional cash to invest in its network and reduce debt. It took a while for that strategy to start paying off. However, the telecom company's financial metrics have improved considerably over the past year. It expects that trend to continue in 2025. Because of that, AT&T's dividend -- which yields 4.7% these days -- looks like a solid option for investors seeking a stable income stream.AT&T recently reported its financial results for 2024. The mobile and broadband company produced very solid growth. Mobility services revenues rose 3.5% (compared to its guidance in the 3% range), while broadband revenues rose 7.2% (achieving its 7%-plus forecast). Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool