Here's Why I Like AT&T Stock

Dividend stocks offer many potential benefits to investors. They can provide income, boost returns through Dividend reinvestment plans, act as a hedge against inflation and economic downturns, and perhaps most importantly, they can outperform the broader markets with relatively little risk and volatility. However, not all Dividend stocks are great investments. Dividend-paying companies amid a strategic shift can lag behind the market for long periods.

Telecom giant AT (NYSE: T) is a prime example. Despite offering a scorching 6.98% annualized yield, the company's shares have badly underperformed peers like T-Mobile and the S 500 index over the past 10 years.