Dividend Aristocrat AT&T (T) announced on Monday that its sale of WarnerMedia to Discovery would mean a dividend cut. In the press release, AT&T expects an “annual dividend payout ratio of 40% to 43% on anticipated free cash flow of $20 billion plus”. Based on this statement the dividend payout would account for around $8…
Dividend Aristocrat AT&T (T) reported on Thursday better than expected Q1 result, mainly driven by a boost in smartphone sales and the media business. AT&T’s wireless division, added 595,000 phone customers, up from 163,000 in the same period in 2020. It also added 207,000 prepaid phone customers. In the Media entertainment unit (warner), revenue rose…
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…