Uncover what is a dividend king and explore the benefits of investing in these consistently high-performing stocks.

AT&T currently offers a dividend yield of 6.2%, paying shareholders $0.2775 per share each quarter. In 2023, the company paid $8.1 billion in dividends, but that number will change this year.

Given the fortress-like balance sheet and a dividend payout ratio of only half the company's 2025 estimated earnings, the steady growth is sufficient to fund dividend increases for years to come.