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

AT&T Inc. (NYSE:T) announced a quarterly dividend on Friday, March 27th. Shareholders of record on Friday, April 10th will be paid a dividend of 0.2775 per share by the technology company on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Friday, April 10th.

AT&T has decreased its dividend by an average of 0.1%per year over the last three years. AT&T has a dividend payout ratio of 49.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect AT&T to earn $2.27 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 48.9%.

AT&T Stock Down 1.2%

Shares of T stock opened at $27.97 on Wednesday. AT&T has a 12 month low of $22.95 and a 12 month high of $29.79. The stock has a market cap of $195.35 billion, a P/E ratio of 9.17, a P/E/G ratio of 1.06 and a beta of 0.34. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The company has a 50 day simple moving average of $27.90 and a two-hundred day simple moving average of $26.17.

AT&T (NYSE:T) last announced its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business had revenue of $33.47 billion during the quarter, compared to analysts’ expectations of $32.91 billion. During the same period in the prior year, the company earned $0.43 earnings per share. The firm’s revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts expect that AT&T will post 2.14 earnings per share for the current year.

About AT&T

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.