AT&T

AT&T is one of the largest telecommunications companies in the United States, providing wireless, broadband and fibre services to consumers and businesses. After an ill-fated expansion into media, it has refocused on its core connectivity business, investing heavily in 5G and fibre while working to reduce a substantial debt load built up over years of acquisitions. AT&T long carried a reputation as a high-yield stalwart, but it cut its dividend in 2022 following the WarnerMedia spin-off, ending a lengthy streak of increases. The current yield remains meaningful and the reset payout is now more sustainable, though the cut is a reminder of the risks. The stock suits income investors seeking a substantial yield who accept slower growth and past dividend volatility.