Will the Federal Government Give Verizon and AT&T a Dividend Boost?
The stock market has rallied under President Trump's administration: The S&P 500 has gained more than 21% since the election. As of this writing, the Dow Jones Industrial Average has produced 60 new closing record highs this year alone. Unfortunately, investors in telecommunications companies have not experienced any benefit, as both Verizon Communications (NYSE: VZ) and AT&T (NYSE: T) have both seen their stocks fall since the 2016 presidential election.
Data by YCharts.
Source: Fool.com