The Smartest Dividend Stock to Buy With $1,000 Right Now
While many investors focus on a company's stock price, dividends can often be unsung heroes when it comes to making money. Dividend stocks may not be as sexy as growth stocks or get much of the same attention, but their steady income can work wonders.If you have $1,000 available to invest and are looking for a dividend stock that can produce above-average income, telecom giant AT&T (NYSE: T) is a great option. Its dividend yield is more than three times the S&P 500 average and routinely stays that way.The company pulled off an impressive turnaround since cutting ties with its media and entertainment segment. Since the $43 billion WarnerMedia spinoff in April 2022, AT&T refocused on its bread and butter: its telecom business. Continue reading
While many investors focus on a company's stock price, dividends can often be unsung heroes when it comes to making money. Dividend stocks may not be as sexy as growth stocks or get much of the same attention, but their steady income can work wonders.
If you have $1,000 available to invest and are looking for a dividend stock that can produce above-average income, telecom giant AT&T (NYSE: T) is a great option. Its dividend yield is more than three times the S&P 500 average and routinely stays that way.
The company pulled off an impressive turnaround since cutting ties with its media and entertainment segment. Since the $43 billion WarnerMedia spinoff in April 2022, AT&T refocused on its bread and butter: its telecom business.
