Can Retirees Still Trust AT&T's 5.8% Dividend Yield?

The company is rebuilding its dividend reputation after cutting the payout in 2022.U.S. wireless carrier AT&T (T -0.68%) is a polarizing stock among investors. Shares are down nearly 30% in price over the past decade, which is a tough pill to swallow. However, include AT&T's famous high-yielding dividend and shares generated a 50% positive return.Indeed, dividends can have a powerful impact on investment returns.Moreso than returns, retirees depend on dividends for the passive income they offer, which can h ...