Dividend Aristocrat AT&T (T) announces its 36th consecutive dividend increase and increases its quarterly dividend by 2%.
AT&T’s board of directors today approved a 2% increase in the company’s quarterly dividend. The dividend is payable on Feb. 3, 2020, to stockholders of record at the close of business on Jan. 10, 2020. AT&T’s quarterly dividend will increase from $0.51 per share to $0.52 per share. On an annualized basis, this equates to a full-year dividend of $2.08, up from $2.04.
Based on Friday’s close price of $38.26, the forward dividend yield is 5.43%.