A&T Stock Looks Intriguing At 6% Dividend Yield

AT&T (T) stock has long fascinated me. It’s the staple of nearly every income investor’s portfolio. And for good reason. If you get your hands on a meaningful block of AT&T stock early enough in your life, you can have a whole lot of fun with it.

Ten years ago, a mere $20,000 investment could have gotten your hands on 1,000 shares of T. Since that time, AT&T has paid out $19.80 per share in dividends. If you paid $20 per share, you have essentially gotten your investment back in a decade of your life without any need to reinvest.

That has tremendous utility, either to supplement your lifestyle or to provide a regular, dependable dividend stream to make future investments.

You may be thinking, “Okay, that ten-year date came from 2008, the year of the last recession. Surely that is a cherry-picking comparison that is of limited use today?” … Read the rest of this article!