Hanesbrands (NYSE: HBI) stock has held up pretty well amid this year's volatile trading. Hanesbrands has a market capitalization of roughly $5.6 billion and trades at about 11 times this year's expected earnings, even with a reduced profit outlook due to virus-related retail headwinds. The stock boasts a 3.9% dividend yield at current prices, and the company has managed to maintain its payout despite retail shutdowns and other challenges.
A telecom giant and a streaming music platform contend for your investment dollars. Discover which makes the better investment.
The board of directors of AT&T Inc. (NYSE: T) today declared a quarterly dividend of $0.52 a share on the company’s common shares. The dividend is payable on November 2, 2020, to stockholders of record at the close of business on October 12, 2020.