Blog Dividend Portfolio Update Sat Oct 17 2021 Selling Att stock

Yes, I’ve finally decided to sell AT&T Stock. Over the past two or three weeks, I thought we were going to keep ATT&T in our M1 Finance Dividend Portfolio despite their upcoming dividend cut. The thought process was that they’d be shifting more of the attention to the growth side of things which is something we need more of in our portfolio. However, recent news was brought to my attention from REUTERS about AT&T pretty much starting and funding One America News, which is a far-right network that helped to spread a lot of false stories. Now to be clear, I am not a Democrat or Republican, and people are always surprised when they find out who I’ve voted for, but I can’t support AT&T if they are the primary reason a baby FOX News was started. And no, it’s not about their views but more or less about the amount of false and misinformation they spread.

So we will be selling AT&T. And the crazy timing is that I was almost about to switch my phone provider to AT&T too, literally started looking at them last week!

In terms of our portfolio, we’re up over $1,600. This s awesome! But trading AT&T will also mean we’re letting go of our highest paid dividend stock to date. Check out the video to see what I’m talking about and don’t forget to start your Didivend portfolio using my link here to get free money.

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