AT&T's 4.7%-Yielding Dividend Is Growing Increasingly Safe and Secure
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AT&T's dividend, yielding 4.7%, is becoming more secure. The company had cut its payout by nearly 50% in 2022 to invest in its network and reduce debt, addressing sustainability concerns.
January 28, 2025 | 11:45 am
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AT&T's dividend yield of 4.7% is increasingly secure after a significant cut in 2022 to focus on network investment and debt reduction.
The article highlights AT&T's efforts to secure its dividend by cutting it in 2022 to invest in its network and reduce debt. This move addresses previous sustainability concerns, likely boosting investor confidence and positively impacting the stock price in the short term.
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