The dividend yield on T is still 5.26%, most of which is a Qualified Dividend.
It's T's long term prospects which worry me.
But T could benefit from seniors switching to more costly wireless plans as they realize retirement is too costly and decide to participate in the Labor Force again. Workers consume far more wireless data than retired takers do.
We've run out of other people's Social Security taxes needed to subsidize our low income tax rates.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.