AT&T is a leading American telecommunications company. It is one of the largest providers of wireless, broadband, and video services in the United States. AT&T is also a major player in the global telecommunications market.
AT&T stock has been under pressure in recent years. The company has been facing increased competition from rivals such as T-Mobile and Verizon. AT&T has also been struggling to grow its revenue and profits.
However, some investors believe that AT&T stock could be a good investment for the long term. The company is well-positioned to benefit from the growth of 5G and other new technologies. AT&T also has a strong dividend yield, which could make it a good investment for income investors.
Stock market crash
The stock market crashed in March 2020 due to the COVID-19 pandemic. The crash was the worst since the Great Depression. AT&T stock was not spared from the crash. The stock fell by more than 50% in the weeks leading up to the crash.
However, AT&T stock has since recovered. The stock is now trading at around the same level as it was before the crash.
Dow Jones stock markets futures
The Dow Jones Industrial Average is a stock market index that tracks the performance of 30 large, publicly traded companies in the United States. The Dow Jones is one of the most popular stock market indices in the world.
AT&T is a component of the Dow Jones Industrial Average. This means that the performance of AT&T stock can have a significant impact on the performance of the Dow Jones index.
AT&T stock price today
As of October 23, 2023, AT&T stock is trading at $19.00 per share. This is up from a low of $14.00 per share in March 2020.
AT&T dividend
AT&T pays a quarterly dividend of $0.52 per share. This gives AT&T stock a dividend yield of 2.74%.
AT&T dividend history
AT&T has been paying a dividend since 1881. The company has a long history of increasing its dividend over time.
In 2023, AT&T increased its dividend for the 38th consecutive year. This makes AT&T one of the few companies that has increased its dividend for at least 30 consecutive years.
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Is AT&T stock a good investment?
Whether or not AT&T stock is a good investment depends on your individual investment goals and risk tolerance.
If you are looking for a stock with a high dividend yield, then AT&T stock could be a good option for you. AT&T also has a long history of increasing its dividend, which could make it a good investment for income investors.
However, it is important to note that AT&T is facing some challenges. The company is facing increased competition from rivals such as T-Mobile and Verizon. AT&T is also struggling to grow its revenue and profits.
If you are considering investing in AT&T stock, you should carefully consider the company’s risks and challenges.
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Conclusion
AT&T stock is a well-known stock with a long history of paying dividends. However, the company is facing some challenges, such as increased competition from rivals and a struggle to grow its revenue and profits.
Whether or not AT&T stock is a good investment for you depends on your individual investment goals and risk tolerance. If you are looking for a stock with a high dividend yield, then AT&T stock could be a good option for you. However, it is important to note that AT&T is facing some challenges, and you should carefully consider these risks before investing.
Additional insights
Here are some additional insights into AT&T stock:
- AT&T is a major player in the global telecommunications market. The company has operations in over 200 countries and territories.
- AT&T is a leading provider of wireless, broadband, and video services in the United States. The company has over 100 million wireless subscribers, over 20 million broadband subscribers, and over 18 million video subscribers.
- AT&T is investing heavily in 5G. The company expects to spend over $100 billion on 5G over the next few years.
- AT&T is facing increased competition from rivals such as T-Mobile and Verizon. These companies are offering more competitive pricing and services than AT&T.
- AT&T is struggling to grow its revenue and profits. The company’s revenue has declined in recent years, and its profits have stagnated.
