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T-AT&T INC
AT&T Emerges as a Strong Defensive Stock with Promising Growth Opportunities and Robust Dividend Payouts Amid Market Volatility
Wednesday
25 December, 2024
As AT&T navigates market volatility, it emerges as a strong contender for income-focused investors, boasting a 4.9% dividend yield and strategic partnerships enhancing its 5G capabilities. With ambitious plans for fiber expansion and a commitment to returning over $40 billion to shareholders, can AT&T maintain its upward trajectory?
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Key Takeaways
- AT&T offers an appealing investment with a 4.9% dividend yield and a forward earnings multiple of 10.4x.
- The company is expanding its edge computing and 5G capabilities through strategic partnerships, notably with Microsoft.
- Plans to extend fiber coverage to 50 million locations by 2029 indicate strong future growth potential.
- The board aims to return over $40 billion to shareholders through dividends and buybacks in the next three years.
- AT&T is particularly suitable for investors seeking income in uncertain market conditions.
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