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Forget AT&T: These 3 High-Yield Blue Chips Are Far Better Retirement Dream Stocks | The Mesh Report

Forget AT&T: These 3 High-Yield Blue Chips Are Far Better Retirement Dream Stocks

Dividend Sensei June 2, 2021 Comments Off on Forget AT&T: These 3 High-Yield Blue Chips Are Far Better Retirement Dream Stocks

If your facts and reasoning are right, then success on Wall Street is only a matter of discipline, patience, and time.

Facts will always change, sometimes in your favor, and sometimes not. No dividend is absolutely safe, and even aristocrats can fail.

AT&T’s decision to throw away a 37-year dividend growth streak is a disappointing violation of the trust it’s built with income investors over nearly four decades.

But for anyone who bought AT&T at reasonable to attractive valuations, you are likely able to exit your position at a modest to fantastic profit. I made 30% CAGR total returns on this broken thesis investment.

Today 3 companies are potentially wonderful high-yield blue-chip alternatives to the new 3.5% yielding 4% to 6% growing AT&T. They yield a safe 4.3% to 7.8% and analysts expect them to grow at 4.5% to 10.5% CAGR, delivering far better long-term income and total returns.

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