AT&T Is Dying? Au Contraire Mon FrèRe

Aug. 04, 2022 8:00 AM ETAT&T Inc. (T) Stock, , , , 123 Comments

Summary

  • The reports of AT&T’s death have been greatly exaggerated.
  • Ma Bell, the 137-year-old telephone company, was founded in 1885 by Alexander Graham Bell, after Bell's patenting of the telephone in 1875.
  • Recently, the stock sold off on earnings, creating an excellent opportunity for savvy income investors to lock in a hefty 6% dividend yield.
  • In the following piece, I will make the case that AT&T is not a "washed up has been" dividend growth stock, but in actuality, a mature high yield retirement income generator with a substantial margin of safety.
  • I do much more than just articles at The Winter Warrior Investor: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Lone Oak Tree On Hill Top (g)

Ron and Patty Thomas/E+ via Getty Images

What Happened?

Once again, I am hearing murmurs from the peanut gallery that AT&T (NYSE:T) is a dying company and the dividend is in danger of being cut. Well, this reminds me of

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This article was written by

33.06K Followers

David Alton Clark is a U.S. Army Veteran and a former public auditor, bank executive, FINRA securities broker, with over 30 years of experience in portfolio management. In 2020, David was named "Stock Picker of the Decade" by Yahoo Finance. He specializes in the understanding of full market cycles, having successfully navigated the bubbles of 2000 & 2008.

David is the leader of the investing group The Winter Warrior Investor, where he shares "best-in-class" high-yield income and growth securities trading for attractive valuations. Features of The Winter Warrior Investor include: Model portfolios with tracking, a weekly top idea, weekly macro insights, monthly videos, and access to David and his community via chat. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of T either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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