AT&T: Great Income Stock for Your Portfolio

AT&T (T ) stock is performing very well and has beaten the market for an extended period. The stock has returned 13% in the past one year, which is far ahead of the performance of the S&P 500. Moreover, the share price return does not include AT&T’s high dividend. AT&T is one of the most well-known dividend stocks in the entire market. Not only does the company have a high yield, approximately 4.9% as of its May 2 closing price, but it also has a long history of raising its dividend each year.