Are AT&T preferred shares a good investment?

AT&T's preferred shares are fairly safe investments for conservative investors. However, I think most investors should either stick with AT&T's common stock, which offers a higher yield and more upside potential or shop around for other promising dividend stocks instead. Leo Sun owns shares of AT&T.

What is AT&T's liquidation preference?

AT&T also announced the issuance of $1,750,000,000 aggregate liquidation preference of its 4.750% Perpetual Preferred Stock, Series C (70,000,000 depositary shares, with a liquidation preference equivalent to $25.00 per depositary share). Proceeds from the issuances will be used for general corporate purposes.

Is AT&T a stock?

According to its publicly available filings with the SEC, AT&T is a telecommunications services providers of telecommunications services. The common stock of AT&T, par value $1. 00 per share, is listed on the New York Stock Exchange, which we refer to as the Relevant Exchange for purposes of AT&T in the accompanying product supplement.