Better Telecom Dividend Stock Post-Spinoff: AT&T or Verizon?
The ongoing changes at AT&T (NYSE: T) continue to alter the competitive battle between it and its largest competitor, Verizon (NYSE: VZ). Amid the spinoff of Warner Bros. Discovery (NASDAQ: WBD), AT&T's lower stock price has changed the competitive dynamic between the two companies.
The end of AT&T's Dividend Aristocrat status made Verizon's dividend more attractive to many because of its certainty. Despite its reduced dividend, AT&T still maintains a generous payout to shareholders. And with AT&T's business now more closely resembling that of Verizon, has it become the better dividend stock?
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Source Fool.com
