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Sept. 30, 2022, 2:33 p.m. EDT

AT&T maintains quarterly dividend, with yield above 7%

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By Tomi Kilgore

AT&T Inc. /zigman2/quotes/203165245/composite T +1.01% said Friday it was keeping its quarterly dividend at 27.75 cents a share, payable Nov. 1 to shareholders of record on Oct. 10. With the telecommunications and media company's stock down 0.8% in afternoon trading, the annual dividend rate implies a dividend yield of 7.21%, which compares with the yield for the SPDR Communication Services Select Sector ETF /zigman2/quotes/204079482/composite XLC +0.04% of 1.17% and the implied yield for the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.16% of 1.83%, and the yield of the 10-year Treasury note /zigman2/quotes/211347051/realtime BX:TMUBMUSD10Y +0.67% of 3.742%. AT&T's stock was the ninth-highest yielding stock in the S&P 500, behind leaders communications services company Lumen Technologies Inc. /zigman2/quotes/200067545/composite LUMN -0.91% at 13.67% and oil and gas exploration company Pioneer Natural Resources Co. /zigman2/quotes/206736173/composite PXD +0.53% at 10.78%.

/zigman2/quotes/203165245/composite
US : U.S.: NYSE
$ 19.01
+0.19 +1.01%
Volume: 24.09M
Nov. 29, 2022 4:03p
P/E Ratio
7.04
Dividend Yield
5.84%
Market Cap
$134.13 billion
Rev. per Employee
$683,493
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/zigman2/quotes/204079482/composite
US : U.S.: NYSE Arca
$ 49.42
+0.02 +0.04%
Volume: 3.82M
Nov. 29, 2022 4:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,957.63
-6.31 -0.16%
Volume: 0.00
Nov. 29, 2022 5:31p
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/zigman2/quotes/211347051/realtime
add Add to watchlist BX:TMUBMUSD10Y
BX : Tullett Prebon
3.73
+0.02 +0.67%
Volume: 0.00
Nov. 29, 2022 11:15p
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/zigman2/quotes/200067545/composite
US : U.S.: NYSE
$ 5.47
-0.05 -0.91%
Volume: 32.33M
Nov. 29, 2022 4:00p
P/E Ratio
2.74
Dividend Yield
18.28%
Market Cap
$5.71 billion
Rev. per Employee
$514,583
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/zigman2/quotes/206736173/composite
US : U.S.: NYSE
$ 240.78
+1.28 +0.53%
Volume: 1.76M
Nov. 29, 2022 4:00p
P/E Ratio
8.59
Dividend Yield
10.82%
Market Cap
$58.26 billion
Rev. per Employee
$12.83M
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