AT&T Inc.: A Secure Income Play With Series C Preferred Shares

  • AT&T's Series C preferred ADS (under ticker T.PR.C) provides cumulative dividends yielding 6.26%, offering stable income backed by reliable telecom cash flows. AT&T reported strong Q1 2025 revenues and healthy free cash flow, which continues to support its safe preferred dividend coverage. In fact, AT&T's debt levels have also significantly improved from $155.2B in 2020 to $127.9B in Q1 2025.