5 High Yield Dividend Champions

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1. AT&T Inc. (NYSE: T)

Number of Hedge Fund Holders: 68
Dividend Yield: 7.56%
Number of Years of Consistent Dividend Increases: 36

AT&T Inc. (NYSE: T), a telecommunications company, is next and last on our list of high yield dividend champions, ranking 1st. The company operates through its Communications, WarnerMedia, and Latin America segments.

RBC Capital holds a Sector Perform rating on shares of AT&T Inc. (NYSE: T) as of this July. The firm also has a price target of $30 on the stock.

In the second quarter of 2021, AT&T Inc. (NYSE: T) had an EPS of $0.89, beating estimates by $0.09. The company’s revenue was $44.05 billion, up 7.56% year over year and beating estimates by $1.32 billion.

By the end of the second quarter of 2021, 68 hedge funds out of the 873 tracked by Insider Monkey held stakes in AT&T Inc. (NYSE: T) worth roughly $2.9 billion. This is compared to 63 hedge funds in the previous quarter with a total stake value of approximately $2.7 billion.

See also 12 Biggest 3D Companies In The World and 10 Best Online Brokers for Non-US Residents.

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