AT&T Earnings: The 7.5% Dividend Yield Is Safe, So Why Is AT&T Stock Not Moving?

By Neil Rozenbaum – Jul 26, 2023 at 2:59PM

NYSE: T

AT&T

Market Cap

$120B

Today's Change

(1.02%) $0.17

Current Price

$16.75

Price as of April 26, 2024, 4:00 p.m. ET

AT&T stock was flat after reporting better-than-expected earnings. Is the stock a buy right now?

In this video, I will go over AT&T's (T 1.02%) second-quarter earnings report, as well as some crucial comments regarding the dividend, which is one of the main reasons investors buy this stock.

You can find my recap of Verizon's second-quarter earnings report here.

*Stock prices used were from the trading day of July 25, 2023. The video was published on July 26, 2023.

Neil Rozenbaum has positions in Verizon Communications. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy. Neil 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.