Well-chosen dividend stocks can provide ballast to your investment portfolio during volatile economic environments. Dividends can also supply you with a reliable income stream while you wait for stock prices to recover from bear market downturns.
AT&T (NYSE: T) has long been a favorite among dividend-focused investors. It's easy to see why. The telecom titan's shares currently yield a hefty 7%, making it one of the highest-yielding stocks in the S&P 500 broad market index.
Let's take a closer look at AT&T's business fundamentals to see if its stock is an attractive long-term investment at today's prices.
Source Fool.com