This week AT&T announced a 2.20% increase in its quarterly dividend for common stockholders. The dividend is raised from $0.46 to $0.47. It was the 31st consecutive dividend increase. And was widely expected if I believe all articles. The last time the dividend was increased by more than a penny was in 2007. The dividend pay date is February 2, 2015 to shareholders of record on January 9, 2015.
The new dividend amount represents an annualized dividend amount of $1.88 per share, up from $1.84. The dividend yield on current price is 5.6%.
Since I own 60 shares of AT&T, my annual dividends will increase by $2.40. My annual total amount from my shares of AT&T will be $112.80.
Cheers,
Pollie
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