Yeah, T doesn't seem likely to be a great source of dividend growth anytime in the near future. But the yield is certainly solid at around 5.4 percent.
I've written a couple of times before about what I like to call "yield diversity." Of course it would be great if we could find a bunch of high-yielding stocks that also have prospects for big dividend growth going forward. But those companies are few and far between. LMT was one, about a year ago, but not quite as much after this year's big run-up in price. So we're left assembling portfolios of: (1) high yield, but low dividend growth rate, (2) low yield, but higher dividend growth rate; and (3) moderate yield and moderate dividend growth rate. I like to have a balance of all three, and T falls nicely into category (1).
I've written a couple of times before about what I like to call "yield diversity." Of course it would be great if we could find a bunch of high-yielding stocks that also have prospects for big dividend growth going forward. But those companies are few and far between. LMT was one, about a year ago, but not quite as much after this year's big run-up in price. So we're left assembling portfolios of: (1) high yield, but low dividend growth rate, (2) low yield, but higher dividend growth rate; and (3) moderate yield and moderate dividend growth rate. I like to have a balance of all three, and T falls nicely into category (1).