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Is AT&T Inc. (T) the Best Dividend Stock to Buy Under $50?

The article from MSN Money discusses whether AT&T Inc. (T) is the best dividend stock to buy under $50. It highlights AT&T's attractive dividend yield, currently around 6.5%, which is significantly higher than the average yield of the S&P 500. Despite facing challenges like high debt levels and a competitive market, AT&T has shown efforts to reduce its debt through asset sales and cost-cutting measures. The company's pivot towards becoming a pure-play telecom provider by divesting its media assets could potentially streamline operations and focus on its core business, which might support its dividend sustainability. However, the article also notes concerns about AT&T's future growth prospects and the sustainability of its dividend amidst these financial maneuvers. Overall, while AT&T offers a compelling yield, potential investors are advised to consider the company's debt management, competitive pressures, and strategic shifts before deciding if it's the right investment for their portfolio.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/is-at-t-inc-t-the-best-dividend-stock-to-buy-under-50/ar-AA1wtwWA ]