Thursday Is Your Last Chance To Buy AT&T Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
AT&T (NYSE:T) has announced a quarterly dividend of 27.75 cents per share, which will be paid out to shareholders on November 01, 2023. To be eligible for this dividend, shareholders must own the stock prior to the ex-dividend date, which is this Friday. The stock will likely open 27.75 cents lower on Friday to reflect the payout.
October 03, 2023 | 2:45 pm
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AT&T's stock will likely open lower on the ex-dividend date, reflecting the dividend payout. However, this is a regular occurrence and does not indicate a problem with the company's performance.
The announcement of a dividend payout is generally a positive sign of a company's profitability. However, the stock price typically drops on the ex-dividend date to reflect the payout, which is a normal market adjustment and does not indicate any issues with the company's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100