The top dog of the dow for 2012 is ATT, (Ticker symbol T). ATT is the 9th largest company in the United States as of 2011. The company began its existence as Southwestern Bell in 1983, when the Bells were forced to split. Over time, they have bought back many of the “baby bells” and are now known as ATT.
The company originally specialized in local and long distance phone calls via landlines. Now they have branched off into internet services, and wireless telephone and data services.
ATT is approximately a 180 billion dollar cap company. The stock fell to just under 25 dollars a share during the 2009 downfall, and has slowly came back to just over 30 a share. During this time, the dividend has gone up from 40 cents a share a quarter to 44 cents a share a quarter. Its current dividend yield is 5.9%.
ATT earnings were $2.25 a share for 2011, and are estimated to be $2.44 for 2012. This equates to a very favorable P/E ratio of just under 14.
My unofficial estimate, ATT will gain some value during 2012, and finish with a PE ratio of around 15. ATT will finish 2012 at around $36 a share.
Go back to my original post for 2012 Dogs of the Dow. 2012 Dogs of the Dow
Originally posted January 17th, 2012.
Incoming search terms:
- blue logo
- pfizer logo
- logo blue
- blue s logo
- blue ge logo
- ge logo
- logo pfizer
- verizon logo
- ge logo blue