AT&T: Income Appeal Is No Longer Attractive

AT&T (NYSE: T ) is offering a lower dividend yield than its closest peer Verizon and its valuation is not cheap right now, thus AT&T’s income appeal is much lower than it was in the recent past.Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing author The Outsider.Analyst’ ...