AT&T Declares Quarterly Dividend on Common and Preferred Shares
AT&T Inc. (NYSE: T) announced a quarterly dividend of $0.52 per share to be paid on Feb 1, 2021, to stockholders of record by Jan 11, 2021. The company also declared dividends on its perpetual preferred stocks: $312.50 for Series A and $296.875 for Series C, also payable on Feb 1, 2021. AT&T expects financial flexibility in 2021 to continue investing in growth, sustain dividends, and focus on debt reduction. The 2021 financial outlook will be provided alongside its 4Q results on January 27, 2021.
- Quarterly dividend of $0.52 per share announced.
- Dividends on preferred stocks reaffirmed, indicating stability.
- Expectation of financial flexibility for investment and debt reduction.
- None.
DALLAS--(BUSINESS WIRE)--The board of directors of AT&T Inc. (NYSE: T) today declared a quarterly dividend of
The company expects to have the financial flexibility in 2021 to continue to invest in growth areas, sustain the dividend at current levels and focus on debt reduction.
AT&T’s 2021 financial outlook and capital allocation guidance will be provided when the company announces 4Q results on January 27, 2021.
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Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T’s filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
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