Fool.com contributor Parkev Tatevosian describes all the reasons this dividend stock is a good fit for passive income investors.
*Stock prices used were the afternoon prices of Jan. 7, 2024. The video was published on Jan. 9, 2024.
1 Fantastic Dividend Stock Yielding 6.5% That Passive Income Investors Can Buy Hand Over Fist in 2024
By Parkev Tatevosian, CFA – Jan 10, 2024 at 5:30AM
NYSE: T
AT&T
Market Cap
$180B
Today's Change
(2.11%) $0.52
Current Price
$25.14
Price as of October 24, 2025 at 4:00 PM ET
This dividend stock generates sufficient income to support a growing dividend payment.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.