AT&T

[DividendDragon]

Looking at buying AT&T (T) but slightly worried by their record in regards to dividend cover? I know it has recovered now but I'm looking for solid 30year holds.

Should I be hesitant and worried?

[Roadmap2Retire]

I initiated a half position in T this summer. I think the dividend is fairly safe and T will continue to exist and pay dividends over the coming years.
Its more a high income play...I wouldnt really expect much of a growth in those dividends.

[rapidacid]

I own it, but only as a means to fuel future purchases in better ideas from the dividends it throws off.

[ChadR]

I own it. Great for initial dividend yield, but not looking to get high growth in the dividend.

[EricL]

I figure the dividend is safe and is likely to grow at a 2-4% rate going forward. With a current yield of 5.3% and reinvestment of dividends, I believe I can get a yield on cost of over 10% within 10 years with little risk to capital.

Its not likely a stock that will give you huge capital gains over the years, but its a great cornerstone to a dividend growth portfolio.

[Dividend Watcher]

Lewys, did you buy some MCD yet?

[ronn38]

I'm set to buy AT&T @$32.50 (currently I have no position), and boost my position in Verizon @$44 (roll -off from VOD).

Ronn

[hendi_alex]

Barron's recently released a very favorable article on AT&T.

"We are maintaining our Outperform rating. Our $38 target implies 15.4% upside from current levels."

title of article: AT&T Shares Seen With 15% Upside

I tried to post a link, but it takes to the for pay site. I was able to access the full article by searching the article's title in Google, then clicking on the link.

[crimsonghost747]

I own AT&T. I have always liked the telecommunications sector since the yields are quite high even though everyone and their cat has a mobile phone now, internet connections are becoming more and more common for other devices. I do not think these big names can fail in this sector.

Previously I owned a telecommunications company from Europe but sold 50% of it due to my vision of things to come in Europe. Reinvested that money 50% into AT&T and 50% into Bell Canada.

[Roadmap2Retire]

Those are two of my telecom holdings too - AT&T and BCE. BCE is in a lot of ways like AT&T - they (BCE) seem to move in lock step with whatever AT&T does technologically. Donno if thats a good thing or bad - but they have been doing well for my portfolio. The one good thing I like about BCE is taht they are also investing a lot in media.

[hendi_alex]

I'm not so crazy about AT&T as a stock, but as a bond substitute, especially with selling calls, it is a real cash cow.

[DividendGarden]

AT&T reported double-digit revenue, EPS, and FCF growth.

http://seekingalpha.com/news/3053466-amp...es-revenue