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AT&T Makes New Pitch to Mom-and-Pop Investors

Written by Wilson

AT&T Inc., which piled on billions in debt to become a media giant, is getting more creative with its pitch to investors.

The company earlier this month issued a new class of shares that guarantee its holders a dividend worth 5% of the share price but no voting rights. The new securities show AT&T, long known as a haven stock for investors in search of safety, aggressively catering to its base.

“People…

Credit: WSJ.com

About the author

Wilson

I work as the Content Writer in miniamazon. I play Quake like professionally. I love to write about Shopping Trends, Sports and have been writing about them for two years.