AT&T is a solid dividend payer but not seen as a growth stock. However, recent earnings reveal significant profit growth fueled by its fiber-optic broadband business expansion to reach over 40 million customer locations by the end of 2026, up from 32 million in 2025, a 25% increase. This growth could lead to annual dividend increases and a double-digit three-year CAGR through 2028. Analysts predict a 10% per year profit increase for AT&T. The company’s forward-looking PE ratio is less than 10, with a dividend yield of over 4%. Fiber-optic broadband could bring in nearly $3 billion in additional revenue per year as the company aims for growth in a saturated market.

Read more at Yahoo Finance: Why Fiber Could Drive Double-Digit EPS Growth