AT&T: A Juicy 6.7% Dividend Yield Plus A Likely Upward Re-Rating

DKosig Introduction Back in September 2021, I issued a "Buy" rating on AT&T Inc. (NYSE:T) at $20.81 per share (adjusted for WarnerMedia spinoff) citing the potential for an upward re-rating in the telecom giant's stock:    AT&T's stock has been dead money for years. However, once the company gets out of its self-created debt spiral through ongoing divestments of its media assets (CrunchyRoll (sale closed), DirecTV (sale closed), Vrio (sale announced), and WarnerMedia (sale announced)), we could see sign ...