This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Two Dividend Stocks Your Portfolio Hopes You Buy



T Dividend Yield (TTM) Chart

Price To Book: 2

Forward Estimated Earnings Payout Percentage: 53%

AT&T (T - Get Report) is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world.

I like AT&T and Verizon (VZ) as dividend plays and they usually are neck-in-neck as finalists. Verizon rocketed higher after highlighting it in A Pair of Hot Dividend-Paying Stocks to Buy Now but has since cooled. AT&T's chart pattern is unquestionably the stronger of the two and higher yield takes it over the top.

The company currently pays $1.84 per share in dividends for a yield of 5.2%. Meanwhile, in the last month alone, the stock climbed almost 10%. I don't care to chase stocks, but Tuesday is the ex-dividend date and investors that buy on or before Monday are able to capture the next payment.



As I write this, AT&T has nine buy recommendations out of 32 analysts covering the company, 21 holds, and two recommend selling. AT&T is less than a dollar from the 52-week high made in November, while the average analyst target price is $35.58. Expect targets to increase at the rate the shares are climbing.

The short interest is slightly elevated, albeit, not yet enough to make me want to worry about it. Short interest is 3.8%. As long as it stays under 4%, I won't give it much thought.

T Payout Ratio (TTM) Chart


At the time of publication, Weinstein had no positions in securities mentioned.

Follow @RobertWeinstein

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AMD $2.49 -3.30%
INTC $32.73 0.80%
T $32.83 0.98%
AAPL $127.60 2.28%
FB $83.09 2.87%

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs