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AT&T Declares Dividends on Common and Preferred Shares
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The board of directors of AT&T has declared a quarterly dividend of $0.52 per share on its common shares, payable on February 1, 2022, to shareholders on record as of January 10, 2022. Additionally, dividends for the 5.000% Perpetual Preferred Stock, Series A ($312.50 per share) and the 4.750% Perpetual Preferred Stock, Series C ($296.875 per share) were also announced. This decision reflects the company's ongoing commitment to returning value to its shareholders through consistent dividend payments.
Positive
Quarterly dividend of $0.52 per share demonstrates commitment to shareholder returns.
Dividends on preferred stocks indicate financial stability.
Negative
None.
DALLAS--(BUSINESS WIRE)--
The board of directors of AT&T Inc.* (NYSE: T) today declared a quarterly dividend of $0.52 a 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.
All dividends are payable on February 1, 2022, to stockholders of record of the respective shares at the close of business on January 10, 2022.
*About AT&T
AT&T Inc. (NYSE:T) is a diversified, global leader in telecommunications, media and entertainment, and technology. AT&T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across mobile and broadband. Plus, it serves high-speed, highly secure connectivity and smart solutions to nearly 3 million business customers. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. Xandr, now part of WarnerMedia, provides marketers with innovative and relevant advertising solutions for consumers around premium video content and digital advertising through its platform. AT&T Latin America provides wireless services to consumers and businesses in Mexico.