AT&T Announces Exciting Dividend Updates for Shareholders
AT&T's Recent Dividend Declaration
In a significant move for investors, AT&T has announced a quarterly dividend of $0.2775 per share on its common shares. This announcement was made by the board of directors, emphasizing the company's commitment to providing value to its shareholders.
Details on Dividend Payments
These dividends are set to be paid on May 1 to shareholders who hold common stock as of the close of business on April 10. Additionally, the dividends will also apply to Series A and Series C preferred stockholders, reflecting AT&T's dedication to all categories of investors.
Specifics on Preferred Stock Dividends
The Series A preferred stock will see a dividend of $312.50 per share, which translates to $0.3125 per depositary share. Meanwhile, holders of the Series C preferred stock will receive $296.875 per preferred share, or $0.296875 per depositary share. This comprehensive approach showcases AT&T's robust financial health and promises attractive growth.
Commitment to Shareholder Value
Overall, by declaring these dividends, AT&T is reinforcing its commitment to delivering shareholder value. The regularity and reliability of dividend payments are essential for investors seeking consistent returns. As they navigate the evolving telecommunications landscape, such financial strategies are crucial for maintaining investor confidence.
About AT&T
AT&T Inc. plays a vital role in connecting over 100 million families and businesses across the nation. Their extensive offerings range from the pioneering days of telephony to the cutting-edge technology of 5G wireless and multi-gig internet services. With a legacy of over 140 years, AT&T continues to innovate and adapt to meet the changing needs of its customer base, solidifying its position as an industry leader.
Looking Ahead
The future looks promising for AT&T as they continue to focus on customer satisfaction and technological advancements. As a part of their strategy, regular dividend payments signal strong operational performance and a steadfast focus on growth. Investors can look forward to the forthcoming dividends and what they signify for AT&T's growth trajectory.
Frequently Asked Questions
What is the amount of the declared dividend for AT&T?
The declared dividend is $0.2775 per share for common shares.
When will the dividends be paid out?
Dividends are scheduled to be paid on May 1, with a record date of April 10.
How does AT&T ensure shareholder value?
AT&T ensures shareholder value through consistent dividend payments and a commitment to financial health and growth.
What are the dividends for preferred shares?
The Series A preferred stock dividend is $312.50 per share, while the Series C preferred stock dividend is $296.875 per share.
Why are these dividends significant?
These dividends are significant as they represent a commitment to return value to shareholders amidst a competitive marketplace.
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