My first investment in my new strategy was AT&T on 03/17.
AT&T is one of the biggest companies of telecommunication worldwide.
The last dividend was $1.85. Since few years the dividend grow approx. 2 % (approx. $0.04 per year).
The P/E is approx. 27, but for telecommunication sector P/E is good.
6 shares @ $33.20 for total $199.20 including broker costs.
The dividend will be $11.10 per year on my account before tax. The YOC will be 5,57%. It will be 0,04 % of my goal to reach $25.000 dividend per year.