Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Dividend Aristocrats In Focus Part 2: AT&T Inc. (T)

AT&T Inc. (NYSE:T) is the only Dividend Aristocrat in the telecom sector.

What does it take to be a Dividend Aristocrat?

– Be in the S&P 500

– Meet minimum size/liquidity requirements

– 25+ Years of consecutive dividend increases

Growing dividend payments every year for 25+ consecutive years takes a strong and durable competitive advantage.  That’s likely why the Dividend Aristocrats Index has performed so well.

– 10.3% CAGR over last decade for Dividend Aristocrats Index

– 7.2% CAGR over last decade for S&P 500

There are currently only 50 Dividend Aristocrat stocks. You can see all of the Dividend Aristocrats here.

AT&T stands out even among the Dividend Aristocrats. It is the only telecom Dividend Aristocrat. It also has an unusually high dividend yield of 4.9%.

att, network, broadband, phone, logo, tower, net, corporation, worldwide, business, sign, symbol, internet, tech, graphic, data, service, digital, building, icon, sphere,

Ken Wolter / Shutterstock.com

The company has paid increasing dividends for 32 consecutive years. The company is widely expected to announce another increase in mid-December of 2016. You can see AT&T’s quarterly dividend history since 1984 below.

att-dividend-history

One of the common misconceptions about dividend stocks is that they provide below average returns in exchange for current income. AT&T has slightly outperformed the market over the last decade (including dividends). The image below shows this performance.

att-performance

We know AT&T is a high quality business with a strong competitive advantage that has rewarded investors with competitive returns and high dividends over the last decade. This article takes an in depth look into the investment prospects of AT&T.

Follow At&t Inc. (NYSE:T)
Trade (NYSE:T) Now!

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...