How To Earn $500 A Month From AT&T Stock After Strong Earnings Report
Portfolio Pulse from Lisa Levin
AT&T Inc (NYSE:T) reported better-than-expected Q3 FY23 results with operating revenues of $30.35 billion, up 1% YoY, beating the consensus of $28.69 billion. Adjusted EPS of $0.64 also beat the consensus of $0.59. The company now expects full-year adjusted EBITDA growth of better than 4% versus prior guidance of 3%+. AT&T offers an annual dividend yield of 7.27%, which is a quarterly dividend amount of $0.2775 per share ($1.11 a year). To earn $500 per month or $6,000 annually from dividends alone, an investment of approximately $82,480 or around 5,405 shares is needed.

October 20, 2023 | 12:22 pm
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AT&T's better-than-expected Q3 FY23 results and increased full-year adjusted EBITDA growth guidance may boost investor confidence. The company's high dividend yield could also attract income-focused investors.
AT&T's strong Q3 FY23 results and increased full-year EBITDA growth guidance indicate a positive operational performance, which could lead to a short-term positive impact on the stock. Additionally, the company's high dividend yield could attract income-focused investors, potentially driving up demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100