AT&T: A Potential Dividend Cut Is Now Fully Priced In
Summary
- AT&T’s stock price has declined 28% since July.
- The market prices in a dividend cut.
- Current valuation attractive even if dividend gets cut.
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.
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