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AT&T Stock Is Falling, But Its Dividend Yield Is Getting Even Bigger

AT&T stock is shedding value on Thursday, after a big miss on second-quarter free cash flow and lowered guidance for the remainder of the year. This year brought a dividend cut when AT&T spun off WarnerMedia, as the company doubled down on investing in its 5G and fiber networks. AT&T’s current dividend commitment is for around $8 billion annually, or $2 billion a quarter.
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