Billionaires Are Buying Up Beaten-Down AT&T Stock. Should Dividend-Seeking Investors Follow Their Lead?
TAT&T(T) The Motley Fool·2024-07-08 17:39

The telecom giant hasn't increased its dividend in a couple of years, but steady raises could be around the corner.Billionaire investors don't necessarily need quarterly payments from dividend stocks to cover their day-to-day expenses, but they buy them anyway. That's because businesses that distribute a portion of their profit to shareholders tend to outperform businesses that haven't made such a commitment.History says buying dividend payers can help your portfolio outperform the broad market. Between 197 ...