Here's How Many Shares of AT&T You Should Own to Get $1,000 in Yearly Dividends
Group 1 - Dividend-paying stocks are attractive for income generation, especially for retirees or those looking to reinvest dividends into more shares [1] - AT&T is currently trading at approximately 1.11 per share, resulting in a dividend yield of 4.1% [3] - To generate 1,000 annually from AT&T's dividends, an investor would need to purchase 901 shares, costing around 24,600 at the current share price [3] Group 2 - AT&T's recent earnings report for Q4 2024 showed positive results, with increases in both revenue and subscribers [4] - The company plans to allocate about $40 billion towards dividends and stock buybacks over the next three years, indicating potential for dividend increases [4]