American Tower (AMT) closed at $157.68 in the latest trading session, marking a -0.27% move from the prior day.
Dividend stocks with high yields are great, as long as those dividends are sustainable. While there are no guarantees, I think American Tower (NYSE: AMT) and British American Tobacco (NYSE: BTI) are solid choices for those looking for lofty payouts and a reasonable level of safety. American Tower, a real estate investment trust (REIT) that specializes in telecom towers and other communication assets, is one such stock.
More data means higher profits for this data-infrastructure company, and increasingly popular generative AI applications are data hogs.