Looking for Passive Income? This Stock Pays You Almost 7% Just to Own It.

One of the hallmarks of a diversified portfolio is the inclusion of some dividend stocks. Luckily for investors, there are plenty of dividend-paying companies out there to choose from. They operate in different sectors and generate enough free cash flow to consistently reward shareholders.One such company is telecommunications provider AT&T (T -0.46%). While AT&T faces intense competition from other telcos, perhaps bigger concerns linger around the company's high level of debt on the balance sheet. After cu ...