AT&T Inc. Plans Quarterly Dividend of $0.28 (NYSE:T)

AT&T Inc. (NYSE:TGet Free Report) announced a quarterly dividend on Wednesday, June 24th. Shareholders of record on Friday, July 10th will be paid a dividend of 0.2775 per share by the technology company on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Friday, July 10th.

AT&T has decreased its dividend payment by an average of 0.1%per year over the last three years. AT&T has a payout ratio of 49.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect AT&T to earn $2.52 per share next year, which means the company should continue to be able to cover its $1.11 annual dividend with an expected future payout ratio of 44.0%.

AT&T Stock Performance

Shares of AT&T stock opened at $22.34 on Thursday. The business has a 50-day moving average price of $24.54 and a two-hundred day moving average price of $25.68. AT&T has a 1-year low of $21.99 and a 1-year high of $29.79. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The company has a market cap of $155.26 billion, a P/E ratio of 7.50, a PEG ratio of 0.95 and a beta of 0.21.

AT&T (NYSE:TGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. During the same period in the previous year, the business earned $0.51 EPS. The firm’s revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, analysts anticipate that AT&T will post 2.31 EPS for the current year.

Key AT&T News

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AT&T Company Profile

(Get Free Report)

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.

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Dividend History for AT&T (NYSE:T)

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