AT&T: Dividend Insights
Portfolio Pulse from Benzinga Insights
AT&T (NYSE:T) has announced a quarterly dividend of 27.75 cents per share, payable on August 01, 2023. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own T as of the end of Thursday's session are eligible to receive the dividend.
July 04, 2023 | 2:45 pm
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AT&T's announcement of a 27.75 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which is why AT&T's stock price may decrease in the short term. However, this is a standard part of the dividend process and does not indicate any issues with the company's performance. The dividend can be seen as a positive sign of the company's profitability and its commitment to returning capital to shareholders.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100