T Maintains Dividend -- July 1, 2023

Locator: 44855INV. 

Analysts have pretty much been divided on this one: whether ATT (T) can maintain its dividend.

T just declared it's most recent quarterly dividend and it maintained its dividend. This dividend will "never" be increased and could very well be cut.

I use T to park cash while waiting to allocate new dollars into the market, which I do the second and fourth week every month (though the fourth week allotment often happens in the first week of the following month due to the vagaries of dividend payments, but I digress.

I use T because it's cheap per share (at $15, a $10-dividend seems to go farther, LOL) and a dividend of 7% is not trivial. I don't always collect the dividend, for obvious reasons.

This will be the last quarter that I use T to park cash. 

Next quarter I will probably switch to something like ENB, currently paying 7% also, but less likely to cut its dividend. DVN, paying over 9%, might even be a better choice. (Yahoo!Finance numbers not always current.)

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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.