5 Best Telecom Dividend Stocks To Buy for 2024

2. AT&T Inc. (NYSE:T)

Number of Hedge Fund Holders: 66

AT&T Inc. (NYSE:T) is an American telecommunications company that offers a wide range of services to consumers, businesses, and government agencies. This includes wireless services such as mobile voice and data plans, as well as broadband internet, digital TV, and home phone services. The company pays a quarterly dividend of $0.2775 per share and has been paying regular dividends to shareholders since 1995. The stock’s dividend yield on February 18 came in at 6.54%.

AT&T Inc. (NYSE:T) ended the fourth quarter of 2023 with 66 hedge fund positions, up significantly from 52 in the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds have a total value of nearly $3 billion.

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