AT&T (NYSE: T) is often considered a classic dividend stock. It's one of the largest telecom and pay TV companies in America, and its takeover of Time Warner in 2018 made it a media titan. AT&T's massive business, which is on track to generate over $26 billion in free cash flow (FCF) this year, makes it seem like a safe income investment.
It's all Disney+ all the time for Walt Disney (NYSE: DIS), as the streaming video service salvaged an otherwise dreary earnings report. Racking up an astounding 73.7 million subscribers in its first year of service, an incredible launch that puts it within striking distance of Netflix (NASDAQ: NFLX), which has some 195 million subscribers, Disney has restructured itself to keep streaming video front and center. Disney's partnership with Verizon (NYSE: VZ) benefited Disney+ growth.
Plenty of income-producing picks aren't saddled by all the unknowns that surround AT&T; at this time.