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Dividend increase AT&T (T)

This morning AT&T (T) announced a 2.1% increase in its quarterly dividend. The dividend is raised from $0.48 to $0.49. The dividend pay date is February 1, 2017 to shareholders of record on January 10, 2017 (ex dividend January 6, 2017). This is the 33rd Consecutive Annual Increase.

AT&T

Vrijheid Fonds

The new dividend amount represents an annualized dividend amount of $1.96 per share, up from $1.92. The dividend yield on current price is 5.23 %.  My Vrijheid Fonds consist of 60 shares of T, so my annual dividends will increase by $0.51.

My projected annual total amount from my shares of T will be $99.96 after taxes.

While AT&T’s dividend increase is small in size, I think it’s better than no increase!

 

Time Warner Deal

Furthermore, last weekend AT&T announced the take over of Time Warner. What the exact details are of this take over, I do not know yet. And what will it do with the dividend?

As you can read I still have plenty of questions about this take over.

Let me know what your thoughts are about this Time Warner deal.

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3 thoughts on “Dividend increase AT&T (T)

  1. Doug

    I think they raised it early in hopes of staving off a big sell off. But as it drops it will be very tempting to pick up more shares. I currently own 20 so we will see what it does. Once this goes through ATT will have a huge amount of debt about 180 million so it will be interesting

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