Is AT&T Stock a Buy After Impressive Subscriber Growth?

By Parkev Tatevosian, CFA – Oct 25, 2022 at 10:00AM

NYSE: T

AT&T

Market Cap

$117B

Today's Change

(1.30%) $0.21

Current Price

$16.33

Price as of April 18, 2024, 4:00 p.m. ET

Unsurprisingly, investors are attracted to AT&T's healthy dividend yield.

AT&T (T 1.30%) pleasantly surprised investors when it reported third-quarter earnings. The telecom company announced robust growth in postpaid phone subscribers. That will do wonders to support AT&T stock's healthy dividend payment. If you're looking for passive income, you should watch this video and consider AT&T stock for your portfolio.

Stock prices used were the afternoon prices of Oct. 21, 2022. The video was published on Oct. 24, 2022.

Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.