Forget AT&T: Here Are 3 Better Dividend Stocks

Telecom giant AT&T (NYSE: T) has its problems to be sure. It was only able to offload part of its struggling DIRECTV business, and that part was shed at a loss relative to its 2015 acquisition of the satellite television brand. In the meantime, its debt burden remains so large that the company wants to continue selling revenue-bearing assets like Chilevision, which was passed along to ViacomCBS earlier this month. Its fledgling streaming service, HBO Max (offered by AT&T's Warner Media arm), isn't exactly firing on all cylinders, either. Never even mind that AT&T at least postponed a dividend payout increase this year for the first time in 36 years. 

Yet there's no denying its current dividend yield of just under 7% is compelling.

Before you're lured by that relatively sizable payout, though, you might want to consider three other dividend payers instead. None of their yields are as high as AT&T's, but all three are attractive in ways this particular telecom name isn't.

Continue reading

Source Fool.com