I think you would probably be best selling this stock and taking a loss on it. Generally sells off just after it pays a dividend (which it just did) and then goes up towards another dividend payment. It's not going to the teens, it's not lowering it's dividend, more likely it will raise it a penny per quarter. You would be best to add a little here and set your shares to reinvest the dividend, so you can realize the power of compounding, and rest better when the share price goes down you acquire more shares, in a very methodical manner.
When the stock was a bit below $22 some 4 yrs. ago T continued to pay a dividend. In fact, It has paid and upped the dividend every year since it was created in 1984 regardless of the ups and downs of share price, so you can cease with your "Chicken Little" bull.
I suspect no one who knows T's dividend history and current financials buys your song and dance.