A 70-Year-Old With $1,000,000 in Hormel, AT&T and ONEOK Collects $4,230 a Month in Dividends. How Safe Is Each Check?
Key TakeawaysA hypothetical $1,000,000 split evenly across Hormel Foods, AT&T and ONEOK pays $50,759 a year in dividends, or $4,269 a month. ONEOK’s check looks safe and growing, AT&T’s looks safe but flat, and Hormel’s looks stretched.