|Bid||45.17 x 3000|
|Ask||45.18 x 2200|
|Day's range||44.81 - 45.26|
|52-week range||43.77 - 56.20|
|Beta (5Y monthly)||0.38|
|PE ratio (TTM)||8.49|
|Earnings date||19 Apr 2022 - 25 Apr 2022|
|Forward dividend & yield||2.56 (5.54%)|
|Ex-dividend date||07 Jul 2022|
|1y target est||53.57|
U.S. telecom company AT&T (NYSE: T) is a popular dividend stock, especially for retirees who look to the company for its utility-like stability and a generous dividend that yields a whopping 7.4% today. What's more, the stock's colossal yield might have some wondering whether the company can afford its dividend. Why is AT&T struggling?
Like the telecom industry's other two stalwarts, it wasn't ready for this new competition that didn't exist a few years ago.
"Our engineers are aware of this issue and are onsite working with our vendor partners and local crew to resolve this issue quickly," a Verizon spokesperson said. At the peak of the outage, more than 2,000 user reports cited issues with Verizon, according to outage tracking website Downdetector.com, which collates status reports from a number of sources.