AT&T (NYSE:T) has been in the news a lot this year, but that shouldn't overshadow what a rock-solid company and dividend this stock is. Its 5.2% dividend yield is one of the largest on the market, and it's safer than most dividends that size.
The wireless business is not only stable, but it's also a virtual duopoly, with two highly-profitable companies on top of the competition. Even the rumored effort to buy DirecTV (NASDAQ:DTV) could add to the company's growth and profitability, stabilizing its dividend further.
Motley Fool contributor Travis Hoium thinks this is one of the best dividends on the market and believes investors should look past the headlines to the stability the payout provides. Find out more in the following video.
Travis Hoium manages an account that owns shares of AT&T. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.