Better Dividend Stock: AT&T vs. China Mobile
Income investors often gravitate toward big telecom companies for their sticky ecosystems, wide moats, and strong cash flows. AT&T (NYSE: T) and China Mobile (NYSE: CHL), the largest wireless carriers in the U.S. and China, respectively, both fit that bill.
AT&T's stock rallied more than 30% this year, as its Time Warner acquisition, streaming strategy, and restructuring plans attracted new bulls. But China Mobile's stock tumbled about 20%, as the economic slowdown in China, the unrest in Hong Kong, and government-mandated fee reductions brought on the bears.
Image source: Getty Images.
Source Fool.com
