Recent Buy: AT&T Inc. (T)

ID-100426334-300x300 Recent Buy: AT&T Inc. (T)I added more shares my portfolio with the purchase of AT&T Inc. (T)

44 shares @ $32.11 on 5/16/2018.

This increases my forward 12-month dividend income by $88.00 to a total of $5,754.38

I also updated my portfolio page to reflect the change.

 

 

 

My Thoughts

So I thought that I would not be buying any more shares of AT&T but Mr. Market had other ideas. My last buy from this company came in at the end of October. From that point, the company saw an increased of around 10%. I thought that was the last opportunity I would have to obtain more shares of T. When it almost hit $40 a share at the beginning of the year, it started a downward trend for the last 5 months. I noticed it was almost 8% under my cost basis and I knew that I had to grab up more shares.

I am glad I did. The company is so undervalued compared to its normal PE. Anlestlys also expects an 8% CAGR growth for the next three years.

So we have a company here with an expected 8% growth that is undervalued and that currently carries a dividend yield of 6%. Sign me UP!!

 

Screen-Shot-2018-06-09-at-7.18.04-PM Recent Buy: AT&T Inc. (T)

Source: Fastgraphs.com

 

What do you think of the company? Plan on owning it? or why not?

 

Thanks for reading, and don’t forget to connect with me.

 

Image by Sira Anamwong at FreeDigitalPhotos.net

Connect with me:
flat_rss Recent Buy: AT&T Inc. (T)
flat_subscribe Recent Buy: AT&T Inc. (T)
flat_fb Recent Buy: AT&T Inc. (T)
icon_Visit_us_en_US Recent Buy: AT&T Inc. (T)
flat_youtube Recent Buy: AT&T Inc. (T)
youtube Recent Buy: AT&T Inc. (T)

Comments

  1. I agree, ATT has been looking like a great buy. I snatched up a few myself. Who says you shouldn’t pick your own stocks!? Haha… I may regret saying that. But, hey with dividends over 6% and a dividend growth history of over 30 years hard to argue with that!

  2. Although I love T, I actually sold 10% of my position to invest in dividend growth stocks offering an average 5 YR DGR of 10 or higher. I still think it holds its place in everyone’s portfolio but so many other companies are on sale that are offering way higher growth rates.

    • Hi diligentdividend that’s a good idea. I am full position now with ATT and plan to use the dividends for just that. I plan to use the dividends to buy bigger dividend growth companies. In my mind, I see it as ATT is providing me more cash flow now, so that I can buy more shares of lower dividend yield companies but with much higher dividend growth.

Leave a Reply