11 Higher-Yielding And Far Better Blue-Chip Alternatives To AT&T

11 Higher-Yielding And Far Better Blue-Chip Alternatives To AT&T

Posted On July 14, 2022 11:44 am

AT&T has been one of the worst investments of the last decade, delivering about 2% inflation-adjusted annual total returns.

Terrible management decisions and expensive debt-funded empire building resulted in the dividend getting almost cut in half and new management vowing to return to its telecom roots.

AT&T is expected to grow at 3.4% over time, though earnings will take about five years to fully recover, and the dividend isn’t expected to grow for several years.

These 11 companies are higher-yielding and far superior long-term blue-chip alternatives to AT&T.

They average a potentially very safe 7% yield, and each one offers superior growth, income safety, and total return potential in my opinion.

In the short-term, analysts expect potentially 24% annualized returns (through 2024) vs. 20% for AT&T, and over the long-term, 13.6% consensus returns (vs 13.4% 19-year returns) are far better than the 8.8% expected from AT&T.

In other words, unlike AT&T, these 11 higher-yielding and far better blue-chips bargains can help you retire in safety and splendor.

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About author

Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.

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