AT&T serves more than 110 million wireless subscribers. The company is now a pure telecommunications operation, having disposed of its Warner Media division a few years ago and its stake in DIRECTV earlier this month.
Wealth Builder
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Income Investor
The current quarterly payment is $0.2775 ($1.11 per year) to yield 4.6%. Dividends are subject to a 15% withholding tax unless they are held in a registered retirement plan (RRSP or RRIF). Shares in TFSAs are subject to the tax.
This is a low-risk stock that offers an attractive yield. However, the upside is limited. Buy for the yield. - Gordon Pape
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T was first recommended here on May 14, 2012