AT&T Declares Quarterly Dividend on Common and Preferred Shares
December 11 2020 - 3:06PM
Business Wire
The board of directors of AT&T Inc. (NYSE: T) today declared
a quarterly dividend of $0.52 a share on the company’s common
shares. The dividend is payable on Feb 1, 2021, to stockholders of
record at the close of business on Jan. 11, 2021. Additionally, the
board of directors declared quarterly dividends on the company’s
5.000% Perpetual Preferred Stock, Series A and the company’s 4.750%
Perpetual Preferred Stock, Series C. The Series A dividend is
$312.50 per preferred share, or $0.3125 per depositary share. The
Series C dividend is $296.875 per preferred share, or $0.296875 per
depositary share. The dividends are payable on Feb. 1, 2021, to
stockholders of record at the close of business on Jan. 11,
2021.
The company expects to have the financial flexibility in 2021 to
continue to invest in growth areas, sustain the dividend at current
levels and focus on debt reduction.
AT&T’s 2021 financial outlook and capital allocation
guidance will be provided when the company announces 4Q results on
January 27, 2021.
*About AT&T AT&T Inc. (NYSE: T) is a diversified,
global leader in telecommunications, media and entertainment, and
technology. WarnerMedia is a leading media and entertainment
company that creates and distributes premium and popular content to
global audiences through its consumer brands, including: HBO, HBO
Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New
Line, Cartoon Network, Adult Swim and Turner Classic Movies. Xandr,
now part of WarnerMedia, provides marketers with innovative and
relevant advertising solutions for consumers around premium video
content and digital advertising through its platform. AT&T
Communications provides more than 100 million U.S. consumers with
entertainment and communications experiences across TV, mobile and
broadband. Plus, it serves high-speed, highly secure connectivity
and smart solutions to nearly 3 million business customers.
AT&T Latin America provides pay-TV services across 10 countries
and territories in Latin America and the Caribbean and wireless
services to consumers and businesses in Mexico.
AT&T products and services are provided or offered by
subsidiaries and affiliates of AT&T Inc. under the AT&T
brand and not by AT&T Inc. Additional information is available
at about.att.com. © 2020 AT&T Intellectual Property. All rights
reserved. AT&T, the Globe logo and other marks are trademarks
and service marks of AT&T Intellectual Property and/or AT&T
affiliated companies. FirstNet and the FirstNet logo are registered
trademarks and service marks of the First Responder Network
Authority. All other marks contained herein are the property of
their respective owners.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial
estimates and other forward-looking statements that are subject to
risks and uncertainties, and actual results might differ
materially. A discussion of factors that may affect future results
is contained in AT&T’s filings with the Securities and Exchange
Commission. AT&T disclaims any obligation to update and revise
statements contained in this news release based on new information
or otherwise.
This news release may contain certain non-GAAP financial
measures. Reconciliations between the non-GAAP financial measures
and the GAAP financial measures are available on the company’s
website at https://investors.att.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201211005563/en/
Fletcher Cook AT&T Phone: 214-912-8541 Email:
fletcher.cook@att.com
Daphne Avila AT&T Inc. Phone: 972-266-3866 Email:
daphne.avila@att.com
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