AT&T vs. T-Mobile: Which Is a Better Dividend Stock?

Telecom veteran AT (NYSE: T) has delivered dividends to investors for decades. Rival T-Mobile (NASDAQ: TMUS) followed suit in 2023, offering a dividend for the first time in company history with an inaugural payment on Dec. 15.

AT boasts the greater dividend yield, currently AT 6.8%, compared to T-Mobile's 1.6%. From that perspective, AT looks like the better choice. If only it were that easy.

Other factors beyond a high yield should be considered before deciding to buy a dividend stock, such as whether the company can afford its dividend. But what are these factors to sway your decision when choosing between AT and T-Mobile?

Source Fool.com