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Motley Fool

Forget AT&T: Here Are 2 Better Dividend Stocks

AT&T (NYSE: T) might seem like a great dividend stock. It pays a forward dividend yield of 7.3%, it’s raised its payout annually for 36 straight years, and it spent just 57% of its free cash flow on those dividends over the past 12 months. The stock also looks dirt cheap at nine times forward earnings.