How safe is A.T.&T's current dividend ?
Safer than VZ. Look at the EPS (ttm) coverage that T has for its div compared to VZ.For T to have a problem there would have to be a slowdown in wireless. Anyone think that is going to happen? Not too likely.T is in the sweet spot on a nice yield that is very safe. i think the SP will continue up until the yield is down to around 3-4%. In fact it is weird that the div ever got above 6.
100% safe they have raised the div each yeat for the last 40 or 50 years - they will raise it even if its only 2 per cent.