|Bid||19.32 x 2900|
|Ask||19.33 x 4000|
|Day's range||19.03 - 19.35|
|52-week range||14.46 - 21.53|
|Beta (5Y monthly)||0.72|
|PE ratio (TTM)||7.96|
|Earnings date||24 Jan 2023 - 30 Jan 2023|
|Forward dividend & yield||1.11 (5.81%)|
|Ex-dividend date||06 Oct 2022|
|1y target est||20.28|
If you're looking to generate passive income, AT&T's stock provides a healthy dividend payment.
Smartphones have become a necessity, and that's good news for telecom giants AT&T and Verizon. If you're a risk-averse dividend investor who wants to cut your exposure to the state of the economy, the telecom giants may not be the best choice. A better choice is American Tower (NYSE: AMT), which just hiked its quarterly dividend by 6.1%.
The industry is coming to terms with the fact that its services aren't nearly as marketable as expected by this point.