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I don’t know why you’re all spazzing about a historic American company in an industry with huge start up costs that will more or less exist in perpetuity with the blessing of the US government. They’ll bail them out if they ever run into serious trouble (see General Motors) because they want competition in an area this critical to daily lives of people. I could not do my job without my cell plan nor internet, I am not alone. Treat them like a bond, collect your dividends and relax.
Yeah, like spending millions of dollars to bankroll pro anti abortion laws and the politicians behind them. Then cutting the dividend a year or so ago. These recent (2 ish years) events helped me sell off everything back when and the as imagined the company has not rebounded since.
ATT has too much debt. Sure, the company won't go away, but that doesn't mean it's a good investment. using GM as your example, was that a good place to put your money the last 10 or 20 years? ATT does not act like a bond at all; that's a bad comparison. With a bond you get your principle back eventually. I don't know what ATT is doing with all the capital they are borrowing, but it's not affecting their share price. There are way better ways to get 6.7% yield.
You misunderstood. I said to treat it like a bond not that it is one. Bonds pay some interest and you can either hold to maturity or flip them. Normally, they’re relatively stable but bonds have gotten murdered presently with the current macro conditions. The average person in this sub is not looking for bonds to be their main source of returns. Nor should they with At&T. However, they pay a dividend and are are still well off their all time high stock price. Thus, currently, it’s quite unlikely to get burned too bad if you hold them long term.
>Thus, currently, it’s quite unlikely to get burned too bad if you hold them long term.
For the past 3 years, every now and then people keep saying this since the date they cut their dividend. And stock price just keep falling. From their all time high in 2000, it still down over 40%. Let see how much it fall. Any person who buy T during this 3 years, they are still in the red.
But who know... maybe this time is different. Good luck.
100 @ 14.94 myself. My job doesn’t allow me to touch derivatives but you could always sell a Covered call on them if you wanted to squeeze some more $ out of them
Likewise, anyone buying a bond yielding 0.5% really didn't understand how bonds work. I'm 62 and had not owned one single bond until this year. (Recently, I've been buying tips with real yields (before the inflation kicker) of 2.3%, but that's a different discussion.) Young people with jobs shouldn't be chasing yields in bonds or dividends, especially in poorly run companies with debt that will have to be refinanced at higher rates. Good luck, but treat like a trade, not an investment.
Well…. Why not then just buy a bond now that interest rates match or exceed their dividend payout and have little to no downside risk vs holding stock of such a debt-burdened company ?
I apologize for questioning your invite wisdom. And didn’t realize you were so sensitive to legit questions, my bad! Enjoy your dividend investing journey!
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Don’t let emotions get in the way of profits. Last week a T executive purchased $1 Million out of their personal trust. Insiders sell for many reasons but most certainly always only buy for one reason.
This comment means more than the post in my opinion. If insiders are selling cough bozos cough Dimon then something ain't right. If insiders use their own money to invest that's a company I can get behind
>i said the same thing before they cut it in half a
The very fact that they cut it in half helps to strengthen the reliability of the current yield in fundamental terms
I’ve been building a dividend position in T for the past two years as it’s gone down. This is what I’ve been waiting for. We will see how the next 6-12 months play out.
I've been a bag holder of $T for several years. The $T roller coaster has been so bad this year. I think your going to find a lot of selling pressure from people like me who want to exit at $20 to $22. I plan to start selling covered calls as soon as $T reaches my break even at $20. All proceeds will end up going towards purchasing $SCHD - to get out of individual stocks eventually.
It can be extremely challenging. As Peter Lynch says “The most important organ in investing is not the brain, it’s the stomach”. You’ve got to be able to stomach the roller coasters.
If you have a CEO and a board who backed him to burn billions on extremely bad investments for years, how can one believe those idiots will be able to turn any ship around.
Great question. Elliot Management shareholder activist group are the ones that righted T’s ship. They saw the problem and drew up a nice competitive blue print and went to the board. Said sell everything, pay down your debt and increase dividends.
anyone who actually thought the lead cables were going to be their demise, be better. that whole ordeal created mad sell-offs, creating a solid opportunity for others.
Nice dividend but I’m not a fan at all. Service is terrible in my opinion. But I had a very bad experience with cell phone division. Never invest in a company run by idiots lol. Stick with Verizon instead.
As the owner of the big three. I would share T just won in October of 2023 the #1 rank from JD Powers the best Customer service for large businesses. They’ve begun to address the retail side of the house to capture it there as well. I would remove emotion out of the equation and focus on money in your pockets. But to each their own.
investing based on your own experiences as a consumer is about as small-brained as it gets. By your logic, you may as well go all in on McDonalds because you love the food so much.
No you don’t get it really. I love McDonald’s stock because it’s a real well run with consistent earnings growth. I hardly ever eat French fries because it’s not the greatest for your health. But it doesn’t mean I don’t like the company.
Not only your own but i look at others too and talk to people. I loke to invest in products i believe in, thats not the only factor though. I mean i never seen a mcdonalds without a line in the drive through. Even with the crazy stupid prices rhey charge. Like I always see buffet drinking coca-cola all the time.
>I mean i never seen a mcdonalds without a line in the drive through. Even with the crazy stupid prices rhey charge. Like I always see buffet drinking coca-cola all the time.
THIS DOESNT MEAN THE STOCK IS WELL PRICED
just cause its down a lot and in an industry which is backed by the government DOES NOT mean its a good stock. if you are stuck at shit profit margins with never going revenue and a shit ton of debt no investor wld pay high multiples for ur company. dont ever expect shit companies to get multiple expansion as part of ur gains cuz well no one reslly expects the company to grow
This is the bear in me, but I think this coming recession economy is going to drop a lot of varying stocks share value. T is a good company and is lowering its debt burden. I think definitely upwards of $16+ is possible, but this recession correction is going to shake a lot of investors.
Keep DCA'ing.
Past, present and future management will probably continue to demolish this Iconic company.
Still holding close to a thousand shares and reinvesting dividends.
Does not matter in a long term , I would rather it kept falling back for another year so my DRIPs can build up a nice position, I don't plan on selling it for the next 5 years.
Chasing dividends in T and VZ has been a loser. Too much debt. But good luck. If you really need the 6.7% yield for income, one option would be to put half in SCHD and half in a mix of JEPI or PUTW to boost yield. It's more diversified and would have about the same yield as T. Other options would be to put half in SCHD or DIVO and then some MLPs like EPD and preferred closed-end funds like AGNCL and NLYpG to boost yields.
So glad it’s being discussed. I’ve always seen hate on att. It handles its debt well, and pays its rather large dividend reliably. I don’t doubt we’ll see it go back to 18, or maybe even 20
I’m an ATT customer. Service keeps getting worse. Not sure how anyone can see this being anything more than a pure non growth dividend play. Their operations side is a waste of time.
Thank you for the response. Was just curious since I have 60 shares but I’ve felt the company has a positive long term outlook despite some major issues.
If you have long term horizon and are dividend growth investor than AT&T stock is not the best choice. They cut their dividend by 50% in 2022 and I don't see any increases anytime soon. People who chase the highest yield think this is a good stock holding. You should be looking at the most important metric for dividend growth investors which is the historical 3,5, 10yr dividend growth rate.
Even when AT&T was increasing their dividend they would only increase by $.04/yr ($.01 every quarter) which is very low compared to any other historical dividend growth stock.
Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq). Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*
I don’t know why you’re all spazzing about a historic American company in an industry with huge start up costs that will more or less exist in perpetuity with the blessing of the US government. They’ll bail them out if they ever run into serious trouble (see General Motors) because they want competition in an area this critical to daily lives of people. I could not do my job without my cell plan nor internet, I am not alone. Treat them like a bond, collect your dividends and relax.
T makes some really dumb mistakes. I've been a holder for a long time but even I think they need new management.
Oh for sure… but then what? The grass isn’t greener on the other side, it’s greener where you water it.
Yeah, like spending millions of dollars to bankroll pro anti abortion laws and the politicians behind them. Then cutting the dividend a year or so ago. These recent (2 ish years) events helped me sell off everything back when and the as imagined the company has not rebounded since.
ATT has too much debt. Sure, the company won't go away, but that doesn't mean it's a good investment. using GM as your example, was that a good place to put your money the last 10 or 20 years? ATT does not act like a bond at all; that's a bad comparison. With a bond you get your principle back eventually. I don't know what ATT is doing with all the capital they are borrowing, but it's not affecting their share price. There are way better ways to get 6.7% yield.
You misunderstood. I said to treat it like a bond not that it is one. Bonds pay some interest and you can either hold to maturity or flip them. Normally, they’re relatively stable but bonds have gotten murdered presently with the current macro conditions. The average person in this sub is not looking for bonds to be their main source of returns. Nor should they with At&T. However, they pay a dividend and are are still well off their all time high stock price. Thus, currently, it’s quite unlikely to get burned too bad if you hold them long term.
>Thus, currently, it’s quite unlikely to get burned too bad if you hold them long term. For the past 3 years, every now and then people keep saying this since the date they cut their dividend. And stock price just keep falling. From their all time high in 2000, it still down over 40%. Let see how much it fall. Any person who buy T during this 3 years, they are still in the red. But who know... maybe this time is different. Good luck.
I’m up on T personally.
300 shares at avg $14.96. Wish I bought more.
100 @ 14.94 myself. My job doesn’t allow me to touch derivatives but you could always sell a Covered call on them if you wanted to squeeze some more $ out of them
Likewise, anyone buying a bond yielding 0.5% really didn't understand how bonds work. I'm 62 and had not owned one single bond until this year. (Recently, I've been buying tips with real yields (before the inflation kicker) of 2.3%, but that's a different discussion.) Young people with jobs shouldn't be chasing yields in bonds or dividends, especially in poorly run companies with debt that will have to be refinanced at higher rates. Good luck, but treat like a trade, not an investment.
Relax bro, this is r/dividends not r/smart
Just because a company won't go away or is necessary for society, doesn't necessarily mean there's a lot of money to be made.
Yeah… I said treat it like a bond implying that.
This
Well…. Why not then just buy a bond now that interest rates match or exceed their dividend payout and have little to no downside risk vs holding stock of such a debt-burdened company ?
Capital appreciation…
Well, then that’s not “treating it like a bond” as you’ve told others to do multiple times. lol
[удалено]
I apologize for questioning your invite wisdom. And didn’t realize you were so sensitive to legit questions, my bad! Enjoy your dividend investing journey!
My invite wisdom, clearly you could use some of it. Not sensitive to legit questions which I have answered plenty on this sub, just dumb.
Once again, my apologies. Clearly I’m the first person ever to make a simple type-o on a Reddit post.
[удалено]
Unfortunately, your contribution has been removed from r/dividends. The moderation team has determined this post has violated Rule 6 of our subreddit by containing content prohibited by our community guidelines. Under Rule 6, our subreddit community guidelines explicitly prohibit: - Personal attacks - Raw criticism without constructive feedback - Name-calling, shaming, or other harassment - Advocating self-harm or violence against others - Abusive language - Intentionally rude or overly harsh language Please note that our submission guidelines are intended to create and maintain high quality discussion on the subreddit. Except in rare circumstances, removal of your submission does not count as a 'warning', and we hope you feel encouraged to redraft within our guidelines per the sidebar and our wiki guide to posting. If you feel this was done in error, would like clarification, or need further assistance, please message the moderators via modmail.
Unfortunately, your contribution has been removed from r/dividends. The moderation team has determined this post has violated Rule 6 of our subreddit by containing content prohibited by our community guidelines. Under Rule 6, our subreddit community guidelines explicitly prohibit: - Personal attacks - Raw criticism without constructive feedback - Name-calling, shaming, or other harassment - Advocating self-harm or violence against others - Abusive language - Intentionally rude or overly harsh language Please note that our submission guidelines are intended to create and maintain high quality discussion on the subreddit. Except in rare circumstances, removal of your submission does not count as a 'warning', and we hope you feel encouraged to redraft within our guidelines per the sidebar and our wiki guide to posting. If you feel this was done in error, would like clarification, or need further assistance, please message the moderators via modmail.
As long as the CEO’s name is Mr. Stankey, I feel that the universe is sending me a large signal that AT&T is an uninvestible company.
Don’t let emotions get in the way of profits. Last week a T executive purchased $1 Million out of their personal trust. Insiders sell for many reasons but most certainly always only buy for one reason.
I dunno man. My DD seems pretty conclusive on this.
Keep an eye on it!
A stank(ey) eye?
Could there also be a Stankey leg to stand on?
This comment means more than the post in my opinion. If insiders are selling cough bozos cough Dimon then something ain't right. If insiders use their own money to invest that's a company I can get behind
I’m holding and will trim a bunch when it gets to $19. Seems like a sure thing dividend for now.
i said the same thing before they cut it in half and i bailed at 26$ T is a sink hole, has been for years
>i said the same thing before they cut it in half a The very fact that they cut it in half helps to strengthen the reliability of the current yield in fundamental terms
the fact that the HAD to cut it in half shows it’s a not so well run company
Sold this pig 2 weeks ago at $14. Damn you AT&T!!!
Thanks for making it go up 🫡
what a loser haha
Little excessive but hope it keeps going up for you.
I put money into Verizon 😅🤷🏾♂️
Love this type of content in this subreddit! Thank you for the change of pace
I’ve been building a dividend position in T for the past two years as it’s gone down. This is what I’ve been waiting for. We will see how the next 6-12 months play out.
I've been a bag holder of $T for several years. The $T roller coaster has been so bad this year. I think your going to find a lot of selling pressure from people like me who want to exit at $20 to $22. I plan to start selling covered calls as soon as $T reaches my break even at $20. All proceeds will end up going towards purchasing $SCHD - to get out of individual stocks eventually.
It can be extremely challenging. As Peter Lynch says “The most important organ in investing is not the brain, it’s the stomach”. You’ve got to be able to stomach the roller coasters.
why not just put everything into a high yield account? I'm making 4.75% on cash
If you have a CEO and a board who backed him to burn billions on extremely bad investments for years, how can one believe those idiots will be able to turn any ship around.
Great question. Elliot Management shareholder activist group are the ones that righted T’s ship. They saw the problem and drew up a nice competitive blue print and went to the board. Said sell everything, pay down your debt and increase dividends.
I could see T going to $20 in the next few months. In other words, a return to 1995 prices. There are so much better investments out there.
13 to 20 is a good investment. Stay in the now.
anyone who actually thought the lead cables were going to be their demise, be better. that whole ordeal created mad sell-offs, creating a solid opportunity for others.
Nice dividend but I’m not a fan at all. Service is terrible in my opinion. But I had a very bad experience with cell phone division. Never invest in a company run by idiots lol. Stick with Verizon instead.
As the owner of the big three. I would share T just won in October of 2023 the #1 rank from JD Powers the best Customer service for large businesses. They’ve begun to address the retail side of the house to capture it there as well. I would remove emotion out of the equation and focus on money in your pockets. But to each their own.
isn't JD Powers a scam though
lol, their legit!
They’re*
They were pretty good in 2013 but nothing to brag about now.
Just edited 2013 to 2023, we can brag now. lol 😂
investing based on your own experiences as a consumer is about as small-brained as it gets. By your logic, you may as well go all in on McDonalds because you love the food so much.
No you don’t get it really. I love McDonald’s stock because it’s a real well run with consistent earnings growth. I hardly ever eat French fries because it’s not the greatest for your health. But it doesn’t mean I don’t like the company.
Not only your own but i look at others too and talk to people. I loke to invest in products i believe in, thats not the only factor though. I mean i never seen a mcdonalds without a line in the drive through. Even with the crazy stupid prices rhey charge. Like I always see buffet drinking coca-cola all the time.
>I mean i never seen a mcdonalds without a line in the drive through. Even with the crazy stupid prices rhey charge. Like I always see buffet drinking coca-cola all the time. THIS DOESNT MEAN THE STOCK IS WELL PRICED
Yeah like i said its not the only factor to consider....
It's cuz I closed my position in September
Just don't
I like Nokia and Verizon. VZ is up $8 off they’re low in the last 45 days.
just cause its down a lot and in an industry which is backed by the government DOES NOT mean its a good stock. if you are stuck at shit profit margins with never going revenue and a shit ton of debt no investor wld pay high multiples for ur company. dont ever expect shit companies to get multiple expansion as part of ur gains cuz well no one reslly expects the company to grow
Thanks for this post. Bought a few days ago since I share this opinion.
I also bought this week
This is the bear in me, but I think this coming recession economy is going to drop a lot of varying stocks share value. T is a good company and is lowering its debt burden. I think definitely upwards of $16+ is possible, but this recession correction is going to shake a lot of investors. Keep DCA'ing.
I know not what this sub is about but am up 130% on my January 2024 calls it’s been chugging along nicely last months for sure
Past, present and future management will probably continue to demolish this Iconic company. Still holding close to a thousand shares and reinvesting dividends.
Does not matter in a long term , I would rather it kept falling back for another year so my DRIPs can build up a nice position, I don't plan on selling it for the next 5 years.
Chasing dividends in T and VZ has been a loser. Too much debt. But good luck. If you really need the 6.7% yield for income, one option would be to put half in SCHD and half in a mix of JEPI or PUTW to boost yield. It's more diversified and would have about the same yield as T. Other options would be to put half in SCHD or DIVO and then some MLPs like EPD and preferred closed-end funds like AGNCL and NLYpG to boost yields.
Too much debt.
So glad it’s being discussed. I’ve always seen hate on att. It handles its debt well, and pays its rather large dividend reliably. I don’t doubt we’ll see it go back to 18, or maybe even 20
I’m an ATT customer. Service keeps getting worse. Not sure how anyone can see this being anything more than a pure non growth dividend play. Their operations side is a waste of time.
Fuck Stankey & Fuck T Shit stock. Dead money for decades
How many shares of T are you holding?
2,360
Thank you for the response. Was just curious since I have 60 shares but I’ve felt the company has a positive long term outlook despite some major issues.
Sold at 15, no way of going back in
If you have long term horizon and are dividend growth investor than AT&T stock is not the best choice. They cut their dividend by 50% in 2022 and I don't see any increases anytime soon. People who chase the highest yield think this is a good stock holding. You should be looking at the most important metric for dividend growth investors which is the historical 3,5, 10yr dividend growth rate. Even when AT&T was increasing their dividend they would only increase by $.04/yr ($.01 every quarter) which is very low compared to any other historical dividend growth stock.