AT&T (NYSE:T) and Comcast Corporation (NASDAQ:CMCSA) are in constant competition for cable and Internet subscribers. Over the past few years, they have each made huge moves to boost their TV businesses.
And, they are both dividend stocks. AT&T is a legendary dividend stock. It is a member of the Dividend Aristocrats, which are companies that have raised their dividends for 25+ consecutive years.
Comcast suspended its dividend from 1999-2008. But since it reinstated the dividend in 2008, it has increased its shareholder payout each year.
That means it won't be long before Comcast qualifies as a Dividend Achiever, a group of companies with 10+ consecutive years of dividend increases.
AT&T and Comcast have similar business models, but they offer very different dividends.
When it comes to which dividend stock is better, the answer may depend on how long of an investing time horizon you have.