AT&T’s 5% Yield Draws Eyes, But Starlink Casts a Shadow
AT&T Inc. traded lower Thursday, with shares now sitting around 6% above the 52-week low. The dip comes a day before a dividend cut-off date, which usually attracts income-focused buyers. This quarter’s payout comes in at about 1.3% of Thursday’s price. Meanwhile, a new Wells Fargo price target points to another 14% drop ahead.