This High-Yield Dividend Stock Is Beaten Down, But Wall Street Still Loves It

Looking at value, AT&T trades at a forward price-to-earnings ratio of 12.52x, which is lower than the average of 15.62x for the sector. Even with steady profits and a large market share, the company still sells at a discount compared to its peers. For investors wanting regular income, AT&T stands out, offering a 4.33% annual dividend yield. That’s much higher than the industry average of 2.62%. Its last dividend was $0.278 per share, paid on Oct. 10, and the payout ratio is about 51.35%, showing the dividen ...