Better Tech Dividend Stock: AT&T vs. Cisco

AT&T (NYSE: T) and Cisco (NASDAQ: CSCO) are generally regarded as conservative income investments rather than high-growth plays. AT&T still pays a forward dividend yield of 5.4% following its spin-off of Warner Bros. Discovery (NASDAQ: WBD), and Cisco pays a forward yield of 3.5%.

Should investors buy either of these blue chip tech stocks as defensive plays against inflation, rising interest rates, and other macro headwinds? Let's reevaluate their growth rates, challenges, and valuations to find out.

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Source Fool.com