AT&T (T) Stock Dividend Date and Dividend History Analysis

AT&T Inc. - T - Market Position

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Stock Ticker Home Page Asset Class Sector Industry Investment Strategy Dividend Frequency Geographic Focus
T AT&T Inc. Stock / Equity Telecommunications Telecom Services Income Quarterly Global

T, or AT&T Inc., is a renowned telecommunications company renowned for its extensive network infrastructure and innovative services. With a longstanding presence in the industry, T has been a staple in many investors' portfolios, offering stability and potential for growth.

AT&T Inc. - T - Current Market Data

AT&T Inc. - T - Business Overview

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Section Information

Overview:

 AT&T is a global leader in telecommunications, providing voice, data, and video services to millions of customers across the United States and Mexico. Its vast network infrastructure delivers wireless mobile services, broadband internet, streaming entertainment, and more. AT&T targets both consumer and business markets, holding a significant market share in the US wireless segment. Its mission is "To connect people and things that matter most," emphasizing its commitment to communication and innovation. Core values include integrity, respect, innovation, and agility.

Business Model:

 AT&T generates revenue primarily through subscriptions and service fees for its various offerings, including:
  • Wireless: Monthly plans for voice, data, and text messaging.
  • Entertainment: Subscriptions to DIRECTV, HBO Max, and other streaming services.
  • Broadband: Home internet access through fiber and DSL connections.
  • Business Solutions: Communication and network services for corporations and other organizations.
Its value chain involves partnerships with:
  • Content providers: Media companies and studios for TV and streaming content.
  • Technology vendors: Network equipment manufacturers and software providers.
  • Retail partners: Distributors and stores for selling handsets and devices.
Significant revenue streams come from wireless subscriptions, entertainment platforms, and business solutions.

Industry Competition:

 AT&T faces competition from other major telecom players like Verizon and T-Mobile in the wireless market, alongside streaming giants like Netflix and Disney+ in the entertainment space. Recent industry trends include:
  • 5G network rollout: Building and expanding 5G infrastructure for faster data speeds and new applications.
  • Convergence of services: Bundling different offerings (mobile, internet, TV) to attract and retain customers.
  • Focus on digital content: Investing in streaming platforms and original content to compete in the media landscape.

Competitive Advantages:
  • Network reach and capacity: Large and well-established network infrastructure providing extensive coverage and reliable service.
  • Diversified service portfolio: Offers a variety of communication and entertainment products, catering to various customer needs.
  • Brand recognition and reputation: Established brand name with a strong track record in the industry.
  • Focus on innovation: Investing in new technologies and services like 5G and digital content creation.
  • Financial strength: Consistent cash flow generation and manageable debt levels provide stability and support for dividend payments.

Management Team:

 AT&T is led by an experienced management team with expertise in telecommunications, media, and technology. Key members include:
  • John Stankey: Chairman & CEO with over 30 years of experience in the telecom industry.
  • Pascal Desroches: CFO with extensive financial and strategic planning experience.
  • John Donovan: CEO, AT&T Communications, overseeing wireless and broadband operations.
  • Jeff McElroy: CEO, WarnerMedia, responsible for AT&T's entertainment assets.
The board of directors comprises industry veterans and independent directors with diverse expertise.

Financial Performance:

 AT&T has delivered consistent financial performance recently:
  • Revenue: USD 168.9 billion (FY 2022)
  • Net Income: USD 12.9 billion (FY 2022)
  • Earnings per Share (EPS): USD 5.10 (FY 2022)
  • Dividend Yield: 6.5% (as of October 2023)
The company maintains a focus on free cash flow generation and debt reduction, while consistently paying out dividends with a long track record of increases.

Investment Thesis:
  • Attractive Dividends: High and dependable dividend yield for income-oriented investors seeking steady cash flow.
  • Potential for Growth: Expansion in 5G, entertainment, and business solutions offer long-term growth opportunities.
  • Financial Stability: Strong cash flow and manageable debt ensure dividend sustainability.
  • Defensive Play: Core communication services offer relative stability during economic downturns.

Conclusion:

 AT&T presents a compelling option for investors seeking a high-yielding dividend stock with potential for future growth. Its extensive network, diversified services, and established brand provide a solid foundation. However, competitive pressures and uncertainties in the media landscape require careful consideration. For income-oriented investors with a moderate risk tolerance and long-term horizon, AT&T can be a valuable addition to a diversified portfolio.

T Dividend Analysis

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Section Details

T Dividend Data

 AT&T Inc. (T) has an annual dividend of $1.11 per share. The dividend is paid every three months. The last ex-dividend date was on January 9, 2024.

T Dividend Yield

 The forward yield of T is 6.31%. This means that for every $100 invested in the company's stock, investors would receive $6.31 in dividends per year.

T Dividend History

 		AT&T has a consistent history of paying dividends. The company has increased its dividends for 13 consecutive years. The most recent quarterly dividend payment of $0.2775 per share was made to shareholders on February 1, 2024.

T Dividend Payout & Dividend Payout Ratio

 AT&T pays a dividend of $1.11 per share. The dividend payout ratio is 56.63%, which is considered sustainable. This means that a large portion of the company's earnings are used to support the dividend, which could be a sign of a strong and stable company.

T Dividend Stability & Growth

 The dividend payout for AT&T has not been stable over the last 10 years. However, the company has increased its dividend 7 times in the past 5 years, and its payout has grown 127.87% over the same time period.

T Chart

T Comparative Analysis

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AT&T (T) Verizon Communications (VZ) América Móvil (AMX)

Industry Focus

 Telecommunications, Media & Entertainment Telecommunications Telecommunications

Current Yield

 6.32% 6.34% 2.97%

Price-to-Earnings Ratio (P/E)

 8.93 15.22 12.97

Investment Strategy

 Growth driven by 5G and fiber Long-term hold for stable dividends and growth. Monitor for economic conditions and dividend sustainability.

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Additional Considerations

When considering the attractiveness of AT&T Inc.'s (T) dividend, it's important to take into account the company's dividend history and its current yield. Over the past year, T's dividend payout ratio has been sustainable, indicating stability and growth in its dividend payments. However, investing in T's common shares for the purpose of dividend yield should be done with an understanding of the risks involved. The company's earnings per share and annual dividend data should be analyzed in conjunction with the company's stock dividend date and last ex-dividend date.

The frequency of T's dividend payout and the trend in its dividend yield vs. its stock dividend are also key factors to consider. While the company’s dividend paying history for AT&T has been consecutive in the recent years, the dividend yield and the dividend payout have varied. It's also worth noting that the company operates in the telecommunications sector, providing a range of services to customers worldwide. Therefore, any fluctuations in these markets could impact the company's earnings and, consequently, its dividend payout. This information is provided solely for informational purposes and should not be considered a recommendation or endorsement to invest in T. Always conduct your own analysis before making investment decisions.