AT&T is without doubt one of the largest telecommunications firms in the world. More than 100 million shoppers in the U.S. use its cellular and broadband companies. At the identical time, the corporate additionally serves practically the entire Fortune 1000 firms with connectivity and sensible options. And as a result of wi-fi and Internet companies are requirements for the fashionable financial system, AT&T generates a recurring enterprise via thick and thin. The firm pays quarterly dividends of 27.75 cents per share, translating to an annual yield of 5.2%. To put issues in perspective, the typical S&P 500 firm yields simply 1.6%. Last month, Goldman Sachs analyst Brett Feldman reinstated protection of AT&T with a ‘buy’ ranking. He additionally set a worth goal of $23 — roughly 8% above the place the inventory sits at the moment.
p
One hour until the market closes and folks are taking some profits so the selloff. Understandable. Us old timers who are in it for the divvies just sit tight and walk slowly to the bank.
A
The DOW is up 355 points today. Haven't you had enough of this dog yet? So they cut your dividend from $2.08 to $1.11 and gave you WBD shares instead which are now down -22% since the spin-off in early April. Does that seem right to you?
R
While markets go up the past two days, T remains flat. Pfft.
J
AT&T was a major spectrum buyer during recent government auctions and acquired a substantial number in the sub-6 gigahertz range. Analysts estimate the entire consumer 5G network market will be worth $31 trillion by 2030, and carriers like AT&T are expected to receive an estimated $3.7 trillion of it!!!
d
T is over $21 so far today and headed in the right direction. Isn't it fun to own a stock that goes up when everything else is going down?
p
Holding up pretty well compared to most of my portfolio which is down down down. Who knows, T might even end up in the green today.
f
telecom is resistant to inflation, T also has low pe unlike tmus
R
AT&T up 14% over last 6 months, NASDAQ down 29.2%, S&P down 16.75%, DOW down 11.4%, sorry cheetah, but I told you so. smh.
C
How did everyone turn so positive about this stock
R
Did everyone catch that bullish article by The Street about T ? Almost sent me into a stroke ! They're suddenly hot on ATT calling for a short term price of 25. What a reversal.....Me
o
AT&T is taking share from TMUS and VZ... Time for AT&T to have PE of 56
H
DALLAS--(BUSINESS WIRE)-- AT&T Inc. (T)* today held its annual meeting of stockholders. At the meeting, each of the 10 nominees to the company’s board of directors were reelected for one-year terms. Each member received at least 90.5% of the shares voted. The directors are:
William Kennard Beth Mooney Scott Ford Matthew Rose Glenn Hutchins John Stankey Stephen Luczo Cynthia Taylor Michael McCallister Luis Ubiñas Additionally, AT&T (T) stockholders voted to approve the appointment of Ernst & Young LLP as the company’s independent auditor (95.1% of votes cast in favor).
In an advisory vote, the compensation of AT&T’s executive officers, as described in the 2022 proxy statement, was approved with 90.4% of votes cast in favor.
Four proposals submitted by shareholders were defeated: changes to the executive compensation program (87.7% of votes cast against); independent board chairman (66.9% of votes cast against); political congruency report (55.9% of votes cast against) and civil rights and non-discrimination audit (96.0% of votes cast against).
When final voting results are available, they will be filed with the SEC and posted on the AT&T Investor Relations website and on AT&T’s proxy website.
The disaster shall continue. Shareholders again compensate executives enormously. Why, after such a disastrous performance?
S
Nice to own T. My only regret was not selling WBD right after the split in the mid 20’s.
d
Starting to feel the love here.
G
Amidst a sea of red, T is green. Ahh, how the tables have turned.
T
AT&T has formed a cup and handle pattern. This bullish formation projects a return for the stock to the $25 area.
b
Well let's hope T can continue go forward from here and prove all of the naysayers wrong. Long on T. An old bell south holder. over 25 years
S
Well this isn't how it was supposed to go. WBD was supposed to go through the roof while T stayed low and gave me tons of free shares on the DRIP. 1st world problems ;)
A
Morning Update based on T 21.32, WBD 18.54
T/WBD combined are now Up 1.61 (6.6%) since the spinoff. T alone is Up 2.89 (15.6%) while WBD is still Down -5.31 (-22.2%) Looks like things are improving but I still don't trust these two.
In the meantime remains strong at $114.10 per barrel. The oil stocks are screaming again today in the face off a new round of gas price at the pump increases and FANG hit a new 52 week high today at $149.06. The old 52 week high was $147.99. Looks like FANG is moving up to the next plateau on it's ongoing rise to higher levels. WOO WOO
And as a result of wi-fi and Internet companies are requirements for the fashionable financial system, AT&T generates a recurring enterprise via thick and thin.
The firm pays quarterly dividends of 27.75 cents per share, translating to an annual yield of 5.2%. To put issues in perspective, the typical S&P 500 firm yields simply 1.6%.
Last month, Goldman Sachs analyst Brett Feldman reinstated protection of AT&T with a ‘buy’ ranking. He additionally set a worth goal of $23 — roughly 8% above the place the inventory sits at the moment.
William Kennard
Beth Mooney
Scott Ford
Matthew Rose
Glenn Hutchins
John Stankey
Stephen Luczo
Cynthia Taylor
Michael McCallister
Luis Ubiñas
Additionally, AT&T (T) stockholders voted to approve the appointment of Ernst & Young LLP as the company’s independent auditor (95.1% of votes cast in favor).
In an advisory vote, the compensation of AT&T’s executive officers, as described in the 2022 proxy statement, was approved with 90.4% of votes cast in favor.
Four proposals submitted by shareholders were defeated: changes to the executive compensation program (87.7% of votes cast against); independent board chairman (66.9% of votes cast against); political congruency report (55.9% of votes cast against) and civil rights and non-discrimination audit (96.0% of votes cast against).
When final voting results are available, they will be filed with the SEC and posted on the AT&T Investor Relations website and on AT&T’s proxy website.
The disaster shall continue. Shareholders again compensate executives enormously. Why, after such a disastrous performance?
T/WBD combined are now Up 1.61 (6.6%) since the spinoff. T alone is Up 2.89 (15.6%) while WBD is still Down -5.31 (-22.2%) Looks like things are improving but I still don't trust these two.
In the meantime remains strong at $114.10 per barrel. The oil stocks are screaming again today in the face off a new round of gas price at the pump increases and FANG hit a new 52 week high today at $149.06. The old 52 week high was $147.99. Looks like FANG is moving up to the next plateau on it's ongoing rise to higher levels. WOO WOO