Why AT&T Is a Retiree's Dream Stock

Why AT&T Is a Retiree's Dream Stock

Investors looking for a stable stock that returns a ton of cash to shareholders might scratch their heads if someone suggested AT&T (NYSE: T). The stock is about the same price as it was 25 years ago, and the company's recent acquisitions have left it saddled with debt. This might make the stock a no-brainer for retirees looking for a high yield with the stability of a blue chip company.