20 Great Dividend Paying Stocks
#8 AT&T (T)
Dividend Yield: 5.3%
AT&T has been one of the great dividend paying stocks on the market for a number of years now. The stock pays a dividend yield of 5.3% and has a forward P/E ratio of 12.5 with a 33 year dividend growth streak. The telecommunication company is in the diversified communications industry and is the largest telecom company in the world with a 2016 revenue of $164 billion USD. It is also one of the oldest companies on the list first being founded in 1875, and today AT&T delivers a variety of services to include data and Internet, mobile and fixed telephone service, and paid TV services with the fairly recent acquisition of DirecTV. With a large bran recognition and the pending rollout of 5G wireless service upcoming, the company is positioned for continued growth.
