Is AT&T's Nearly 6%-Yielding Dividend Finally Safe?

Sustainability concerns have dogged AT&T's high-yielding dividend over the past several years.AT&T (T -0.58%) has one of the highest dividend yields in the S&P 500. At nearly 6%, it's a lot higher than the market index's average of 1.3%. Sustainability concerns are a big driver of that high yield. The telecom and broadband company slashed its payout by nearly half in early 2022 following the spinoff of its media business into Warner Bros. Discovery. It needed to retain additional cash to invest in its busin ...