When is AT&T's Next Dividend Payment?
When is AT&T's Next Dividend Payment?
If you're an investor in AT&T, you're probably wondering when the nexT dividend paymentis due. After all, dividends are an important source of income for many investors. In this article, we'll take a closer look at AT&T'sdividend policyand when you can expect the next payment.
AT&T's Dividend Policy
AT&T has a long history of paying dividends to its shareholders. In fact, the company has paid a dividend for over 30 years, making it one of the most reliable dividend payers in thetelecommunications industry.
The company currently pays a quarterly dividend of $0.52 per share, which translates to an annual dividend yield of 7.1% based on the current stock price. This is a very attractive yield compared to the average dividend yield of the S&P 500, which is around 1.5%.
AT&T's dividend policy is based on the company's ability to generate free cash flow. The company aims to pay out a dividend that is sustainable and grows over time. However, the company has also stated that it may reduce or suspend the dividend in the future if market conditions change or if the company's financial position deteriorates.
When is the Next Dividend Payment?
AT&T pays its dividends quarterly, which means that investors can expect to receive a payment every three months. The next dividend payment is scheduled for October 1, 2021. To be eligible for this payment, you must be a shareholder of record as of September 10, 2021.
It's important to note that AT&T's dividend payment dates are subject to change, so it's always a good idea to check the company's investor relations website for the latest information.
Investing in AT&T for Dividends
If you're looking for a reliable source of income, investing in AT&T for its dividends can be a good option. The company has a long history of paying dividends, and its current yield is very attractive.
However, it's important to remember that investing in any stock comes with risks. AT&T faces intense competition in the telecommunications industry, and the company's financial position could change in the future. Before making any investment decisions, it's important to conduct your own research and consult with afinancial advisor.
Conclusion
AT&T is a reliable dividend payer with a long history of paying dividends to its shareholders. The company's dividend policy is based on its ability to generate free cash flow, and the next dividend payment is scheduled for October 1, 2021. While investing in AT&T for its dividends can be a good option, investors should always be aware of the risks involved and conduct their own research before making any investment decisions.
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