Should You Buy This High-Yield Dividend Stock Before October 22?

The main appeal remains its income potential. AT&T pays an annual dividend of $1.11, giving a 4.21% yield, well above the sector’s 2.62% average. The most recent quarterly dividend of $0.278, paid on Oct. 10, sits comfortably within a 50.11% forward payout ratio.The stock trades at a forward P/E of 12.83x, below the sector average of 13.98x, which suggests investors still see some execution risk even as the business becomes more stable.Over the past year, T stock has gained 18.76% and is up 13.86% year to d ...