AT&T Declares Dividends on Common and Preferred Shares

Rhea-AI Summary

AT&T's board of directors declared a quarterly dividend of $0.2775 per share on the company's common shares, payable on August 1, 2024. Dividends were also declared for the company's 5.000% Perpetual Preferred Stock, Series A, at $312.50 per preferred share ($0.3125 per depositary share) and for the company's 4.750% Perpetual Preferred Stock, Series C, at $296.875 per preferred share ($0.296875 per depositary share). All dividends are payable on August 1, 2024, to stockholders of record as of July 10, 2024.

Positive

• Quarterly dividend of $0.2775 per common share, indicating stable income for shareholders.
• Dividends declared for Series A and Series C preferred stocks, showing financial commitment.

Negative

• Dividend payouts could impact cash reserves and liquidity.

DALLAS, June 26, 2024 /PRNewswire/ -- The board of directors today declared a quarterly dividend of $0.2775 per share on the company's common shares, payable August 1, 2024.

Key Takeaways:

• The board of directors declared a quarterly dividend of $0.2775 per share on the company's common shares.
• Dividends on common stock as well as Series A and Series C preferred stock are payable on August 1, 2024.

The board of directors of AT&T (NYSE:T) today declared a quarterly dividend of $0.2775 per share on the company's common shares.

The board of directors also declared quarterly dividends on the company's 5.000% Perpetual Preferred Stock, Series A and the company's 4.750% Perpetual Preferred Stock, Series C. The Series A dividend is $312.50 per preferred share, or $0.3125 per depositary share. The Series C dividend is $296.875 per preferred share, or $0.296875 per depositary share.

Dividends on the common stock and Series A and Series C preferred stock are payable on August 1, 2024, to stockholders of record of the respective shares at the close of business on July 10, 2024.

About AT&T  

We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com. 

© 2024 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property.

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SOURCE AT&T

FAQ

What is the dividend amount declared by AT&T on common shares?

AT&T declared a quarterly dividend of $0.2775 per share on common shares.

When is AT&T's next dividend payment date?

The dividend payment date is August 1, 2024.

What is the record date for AT&T's dividend payout?

The record date for the dividend payout is July 10, 2024.

How much is the dividend for AT&T's Series A preferred stock?

The dividend for Series A preferred stock is $312.50 per preferred share or $0.3125 per depositary share.

What is the dividend amount for AT&T's Series C preferred stock?

The dividend for Series C preferred stock is $296.875 per preferred share or $0.296875 per depositary share.

What is the stock symbol of AT&T?

The stock symbol of AT&T is T.

How often does AT&T pay dividends on common shares?

AT&T pays dividends on common shares quarterly.

Will AT&T's dividend payouts affect its financial stability?

Dividend payouts might impact AT&T's cash reserves and liquidity.