Question: Is AT&T Dividend Safe 2020?

Why is AT&T dividend so high?

Additionally, AT&T is a Dividend Aristocrat due to the payout hikes that have occurred every year since 1985.

This has contributed to a long-term trend of rising dividends and stagnant stock price growth.

Consequently, the $2.08 per share annual dividend now yields approximately 7%..

Is AT&T a good buy right now?

AT&T [NYSE: T] is a good company with a solid past, but it is changing everything about the way it does business right now. The high dividend yield could be enough of an incentive for you to ante up and open a position in the company, but be aware that you may not see those forecasted returns.

What does AT&T own now?

In order to compete with streaming giants like Amazon and Netflix, AT&T and Time Warner won their bid to merge on Tuesday. After the deal, AT&T will own HBO and Turner Broadcasting Systems, which includes a number of television networks, CNN, and Warner Brothers Studio.

How many times a year does AT&T pay dividends?

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.7.

What is the dividend yield for AT&T?

7.01%AT&T (NYSE:T) Dividend Information AT&T pays an annual dividend of $2.08 per share, with a dividend yield of 7.01%.

What are good dividend stocks?

Best Dividend Stocks In 2020: Top 5Company/Benchmark IndexSymbolYield (%)S&P 5001.8Best BuyBBY2.1Texas InstrumentsTXN2.6BroadcomAVGO4.02 more rows•Aug 12, 2020

What is the best stock to buy right now?

Best Value StocksPrice ($)Market Cap ($B)NRG Energy Inc. (NRG)33.748.2Vornado Realty Trust (VNO)36.216.9MGM Resorts International (MGM)15.417.6

How often does AT&T pay its dividend?

The board of directors of AT&T Inc. (NYSE: T) today declared a quarterly dividend of $0.52 a share on the company’s common shares. The dividend is payable on May 1, 2020, to stockholders of record at the close of business on April 9, 2020.

Is the AT&T dividend safe?

Lastly, AT&T has $144 billion in debt. That’s too much compared with its earnings before interest, taxes, depreciation and amortization (EBITDA). As a result, AT&T’s dividend safety rating is a “D.”

What is the next ex dividend date for AT&T?

January 09, 2020AT&T Inc. (T) will begin trading ex-dividend on January 09, 2020. A cash dividend payment of $0.52 per share is scheduled to be paid on February 03, 2020.

Has AT&T ever missed a dividend?

AT&T (NYSE:T) has paid shareholders a dividend since 1984. The amount of that payout has varied greatly, but the company has not skipped a quarter in the entire history of its dividend program.

Is AT&T in financial trouble?

That something, according to recent media reports, could be DirecTv, the satellite service. DirecTv cost AT&T $49 billion in 2015 but has lost 2.5 million subscribers in the last year….The Bottom Line.SymbolGE General Electric CompanyLast Price6.25Change-0.02% Change-0.32%4 more columns•Sep 19, 2019

Is AT&T a good long term investment?

AT&T trades at just nine times forward earnings. That valuation could rise as analysts cut their forecasts, but its high yield should also set a floor under the stock. Therefore, AT&T remains a fairly safe income investment for conservative investors.

What stock pays the highest dividend?

Most American dividend stocks pay investors a set amount each quarter, and the top ones increase their payouts over time, so investors can build an annuity-like cash stream….List of 25 high-dividend stocks.SymbolDUKCompany nameDuke Energy Corp.Dividend$0.97Dividend yield4.56%24 more columns

What are the 10 best dividend paying stocks?

The 10 Best Dividend Stocks for 2020Gilead Sciences: 3.3% dividend yield. The race for a coronavirus cure is likely to produce some winning investments. … Johnson & Johnson: 2.7% yield. … Clorox: 2.2% yield. … Costco: 0.9% yield. … Target: 2.4% yield. … Verizon: 4.2% yield. … Altria: 8.6% yield. … Innovative Industrial Properties: 5.6% yield.More items…•

Is AT&T a buy sell or hold?

Among the 31 analysts tracking the stock, 13 recommend a “buy”—unchanged from the previous month. About 16 analysts recommend a “hold”—up from 15 in the last month. Meanwhile, two analysts recommend a “sell”—unchanged from the last month. Overall, analysts have an average target price of $39.43 on AT&T.