Advertisement
Singapore markets close in 7 hours 43 minutes
  • Straits Times Index

    3,258.13
    -35.00 (-1.06%)
     
  • Nikkei

    37,967.23
    -492.85 (-1.28%)
     
  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     
  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     
  • Bitcoin USD

    64,447.23
    -2,297.14 (-3.44%)
     
  • CMC Crypto 200

    1,394.49
    -29.61 (-2.08%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • Dow

    38,460.92
    -42.77 (-0.11%)
     
  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     
  • Gold

    2,331.40
    -7.00 (-0.30%)
     
  • Crude Oil

    82.71
    -0.10 (-0.12%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • FTSE Bursa Malaysia

    1,574.06
    +2.58 (+0.16%)
     
  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     
  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Should Retirees Worry About AT&T's Dividend?

U.S. telecom company AT&T (NYSE: T) is a popular dividend stock, especially for retirees who look to the company for its utility-like stability and a generous dividend that yields a whopping 7.4% today. What's more, the stock's colossal yield might have some wondering whether the company can afford its dividend. Why is AT&T struggling?