AT&T: Keep Adding This Reliable Income Provider

The Value Portfolio Investing Group Leader Follow Summary AT&T demonstrates resilient FCF growth, robust fiber expansion, and a disciplined focus on core connectivity businesses, supporting its long-term investment appeal. T reported $31B+ revenue (up 2% YoY), $4.7B FCF (up 6.3% YoY), and a double-digit FCF yield, underpinned by strong fiber and postpaid phone net adds. Capital investments remain manageable at ~$6.1B per quarter, with net debt at $126.4B offset by healthy cash flow and a 4.6% dividend yield. Forward outlook targets FCF growth from $18B (2026) to $21B+ (2028), supporting ongoing dividends and buybacks, though competitive risks from Starlink persist. The Retirement Forum members get exclusive access to our real-world portfolio. See all our investments here » neiu20001/iStock Editorial via Getty Images AT&T Inc. ( T ) has seen volatility within its share price since we last recommended investing. The company saw its share price decline with fears over the competition of Starlink; however, it continues to maintain strong This article was written by The Value Portfolio 38.04K Followers Follow The Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This includes extensive readings of 10Ks, analyst commentary, market reports, and investor presentations. He invests real money in the stocks he recommends. He is the leader of the investing group The Retirement Forum with features including: model portfolios, macro overviews, in-depth company analysis and retirement planning information. Learn more. Analyst’s Disclosure: I/we have a beneficial long position in the shares of T either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.