AT&T Inc has been seen declaring dividends on both common and preferred shares multiple times, with the most recent quarterly dividend set at $0.2775. The buy recommendation for AT&T stocks has been termed as 'Moderate' by brokerages. The company has made many strategic moves, such as $830M early redemption of 2067 Global Notes. Numerous investment firms and wealth management companies have been increasing their positions in AT&T, indicating a potential growth perspective. AT&T's stock buyback announcement has been projected, which is positively impacting the stock performance. The stock has performed well in the bio-tech market, leading to a surge after the company gave up its media business. In addition, AT&T plans to return another $20 billion to investors through various strategies other than higher dividends. Its growth plan focuses on Fiber, 5G, and a $10 Billion buyback program. AT&T has shown a strong potential for yielding a high dividend, an aspect drawing investors' attention. However, there were also suggestions for investors to consider switching to Verizon stock. Current evaluations indicate that AT&T is an undervalued large-cap stock, attracting value investors.
Att Stocks News Analytics from Wed, 26 Jun 2024 07:00:00 GMT to Sat, 14 Dec 2024 17:10:30 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -3
