Yesterday, December 14, the Board of Directors of AT&T Inc. announced a quarterly dividend increase of from $ 0.5 to $ 0.51 per share that’s payable February 1, 2019 to holders of record January 10, 2019. This represents a 2.0% increase to regular quarterly dividends.
“Our healthy cash flows and strong outlook for 2019 give
us the confidence to raise our dividend for the 35th consecutive year. The
dividend is an important way we provide value to our shareholders, and I’m
proud that we are able to continue our history of annual increases,” said
Randall Stephenson, chairman and CEO, AT&T Inc.
With current price $ 30.22 (Friday's close), this raise
brings their dividend yield to 6.75%.
Since I own 310 shares of AT&T, this will increase my
portfolio's projected annual net dividend income by $ 9.24.
That increase rises my YOC to 5.76%.
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to see my portfolio holdings.
You can follow the development of my dividends here.
Full Disclosure: Long T
Thanks for stopping by!
Hawk -
ReplyDeleteWOW! Pumped they did it and slightly earlier it felt like. THANK YOU for posting : )
-Lanny
got the same raise and hopefully they can get some debt paid off and start with some bigger raises. I am hoping this happens anyway either way no matter how long the raise it 4 cents a yr I will take it
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