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The Top 10 S&P 500 Dividend Stocks for November

These payout heroes are yielding as much as 12%

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#10: AT&T

Dividend Stocks AT&T TDividend Yield: 5.1%

The reigning dividend champ of the Dow Jones Industrial Average has a large enough payout to also land it among the biggest income stocks in the S&P 500, too.

AT&T’s (T) stock hasn’t done much this year — it’s up just 4% — but then, you don’t own a telecom for its price performance.

Solid financials and a stable user base mean the payouts will keep coming, but everyone — especially AT&T’s management — would like to have more growth too.

Mobile in the U.S. is essentially a saturated market, where the only thing the players can do is steal one another’s share or rollout pricier new features and products. That’s why AT&T has made no secret of its desire to do a big deal in Europe. So don’t be surprised if at some point — maybe soon — the U.S. telecom giant makes a huge acquisition splash across the pond.

Article printed from InvestorPlace Media,

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