During the last nine months, AT&T has paid out roughly 68% of its free cash flow. That is .69 cents for every dollar. WOW!!!!!
AT&T will need lots of LUCK to solidify these trends in order to keep growing its generous 6.57% dividend payouts. If weaker earnings or continued turbulence in the broader economy causes deterioration in AT&T’s credit metrics, that attractive dividend could be at greater risk than many investors realized. For management, this is why it’s “game time” and shareholders are eagerly waiting to see if this team can step up to the occasion.
Reposted this from @WnjsLyF-flg for being on point.